Western Springs Foundation for Education Excellence

Analysis

Western Springs Foundation for Education Excellence is a registered charity in United States, based in Western SPRGS, IL. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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 June 2024, Western Springs Foundation for Education Excellence reported income of $134k and spending of $127k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4,936 to $134k (+2609%), an average of +128% a year. The sharpest change came in the year to June 2021, when income rose by 2055%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Springs Foundation for Education Excellence sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Downtown Music at Grace Inc ($134k), Richard E Vandervoort Memorial Scholarship Fund Inc ($134k) and Amateur Athletic Union of the United States Inc ($134k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 171% of the total. At year end it held assets of $330k against liabilities of $0, net assets of $330k.