Illinois Chemical Education Foundation

Analysis

Illinois Chemical Education Foundation is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Chemical Education Foundation reported income of $77k and spending of $63k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $77k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illinois Chemical Education Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Ua Local 342 Scholarship Fund ($77k), Fannie Brown Booth Memorial Library Foundation ($77k) and Riker Hill Home and School Association ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.