Great Plains Life Foundation Inc

Analysis

Great Plains Life Foundation Inc is a registered charity in United States, based in Normal, IL. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Plains Life Foundation Inc reported income of $258k and spending of $259k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $258k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Great Plains Life Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Township High School District No 211 Foundation ($258k), Hilton Grand Vacations Foundation ($258k) and Pacific Club Impact Foundation ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $91k (35% of expenses). At year end it held assets of $362k against liabilities of $3,799, net assets of $359k. It reported 2 employees.