Oakton Community College Educational Foundation

Analysis

Oakton Community College Educational Foundation is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Oakton Community College Educational Foundation reported income of $2.9m and spending of $1.8m, leaving 36% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.9m (+122%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 95%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakton Community College Educational Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Concordia Christian Academy ($2.9m), Appletree Educational Center ($2.9m) and Kivunim ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $21.6m against liabilities of $410k, net assets of $21.2m.