Community Shares of Illinois

Analysis

Community Shares of Illinois is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Shares of Illinois reported income of $274k and spending of $287k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $359k to $274k (-24%), an average of -6.5% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Shares of Illinois sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Greenshade Schools Inc ($274k), Orange County Bar Assoc Attorneys Contributing to Society Inc ($274k) and National Junior Basketball ($274k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $68k (24% of expenses). Other salaries and wages came to $28k. At year end it held assets of $258k against liabilities of $159k, net assets of $99k. It reported 3 employees.