Willows Academy

Analysis

Willows Academy is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Willows Academy reported income of $4.2m and spending of $4.3m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.4m to $4.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Willows Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Cedar Rapids Public Library Foundation ($4.2m), Oregon and Southern Idaho Laborers- Employers Training TR ($4.2m) and Providence Classical Christian School ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $5.5m against liabilities of $1.7m, net assets of $3.8m. It reported 71 employees.