Prairie State College Foundation

Analysis

Prairie State College Foundation is a registered charity in United States, based in Chicago HTS, IL. It received its IRS tax-exemption ruling in July 1986, 40 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 September 2023, Prairie State College Foundation reported income of $623k and spending of $513k, spending 82% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $430k to $623k (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2020, when income rose by 31%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prairie State College Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Access 2 Independence ($623k), House of Speakeasy Foundation ($623k) and Leadership Tennessee Inc ($623k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $2.7m against liabilities of $110k, net assets of $2.6m.