Evanston Community Foundation Inc

Analysis

Evanston Community Foundation Inc is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Evanston Community Foundation Inc reported income of $4.5m and spending of $4.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.5m (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2020, when income rose by 128%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Evanston Community Foundation Inc sits at the 92nd percentile: it is larger than about 92% 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 Youth Programs Inc ($4.5m), Nebraska Enterprise Fund ($4.5m) and Georgia Community Foundation Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $721k (16% of expenses). Other salaries and wages came to $563k. At year end it held assets of $38.9m against liabilities of $10.9m, net assets of $28.0m. It reported 23 employees.