St Colettas of Illinois Foundation

Analysis

St Colettas of Illinois Foundation is a registered charity in United States, based in Tinley Park, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, St Colettas of Illinois Foundation reported income of $3.9m and spending of $807k, leaving 79% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $928k to $3.9m (+318%), an average of +43% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Colettas of Illinois Foundation sits at the 89th percentile: it is larger than about 89% 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 Stoddard County Childrens Home ($3.9m), Good Samaritan Center of San Antonio ($3.9m) and Dan Marino Foundation Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 20% of the total. Other salaries and wages came to $103k. At year end it held assets of $17.7m against liabilities of $119k, net assets of $17.6m. It reported 5 employees.