Joliet Township High Schools Foundation

Analysis

Joliet Township High Schools Foundation is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in August 1989, 37 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, Joliet Township High Schools Foundation reported income of $94k and spending of $57k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $258k to $94k (-64%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 66%. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joliet Township High Schools Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($94k), American Legion Post 33 ($94k) and Portman Recreation Association ($94k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.