Illinois Association for Gifted Children

Analysis

Illinois Association for Gifted Children is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Association for Gifted Children reported income of $218k and spending of $147k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $238k to $218k (-8.4%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illinois Association for Gifted Children sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Plant City Dolphin Youth Football and Cheerleading ($218k), Hendersonville High School Band Boosters Inc ($218k) and Rancho Buena Vista Band & Pageantry Boosters Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $51k (34% of expenses). Other salaries and wages came to $17k. At year end it held assets of $473k against liabilities of $471, net assets of $473k. It reported 2 employees.