Illinois Telecommunications Access Corporation

Analysis

Illinois Telecommunications Access Corporation is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Illinois Telecommunications Access Corporation reported income of $3.5m and spending of $2.8m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $3.5m (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Illinois Telecommunications Access Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include L Arche St Louis ($3.5m), Feather River Hospital ($3.5m) and Insight Memory Care Center ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $358k. At year end it held assets of $5.0m against liabilities of $871k, net assets of $4.1m. It reported 8 employees.