Elmhurst District 205 Foundation for Educational Excellence

Analysis

Elmhurst District 205 Foundation for Educational Excellence is a registered charity in United States, based in Elmhurst, IL. It received its IRS tax-exemption ruling in April 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 2024, Elmhurst District 205 Foundation for Educational Excellence reported income of $385k and spending of $848k, spending 220% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $290k to $385k (+33%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elmhurst District 205 Foundation for Educational Excellence sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include North Dakota Ballet Company ($385k), LA Familia Human Services Inc ($385k) and Billings Public Library Foundation Inc ($385k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $30k (3.6% of expenses). Other salaries and wages came to $23k. At year end it held assets of $555k against liabilities of $0, net assets of $555k.