Illinois Trio

Analysis

Illinois Trio is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2015, 11 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 November 2023, Illinois Trio reported income of $76k and spending of $81k, spending 106% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income fell from $123k to $76k (-38%), an average of -38% a year. The sharpest change came in the year to November 2023, when income dropped by 38%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illinois Trio sits at the 32nd percentile: it is larger than about 32% 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 Friends of the Chester County Library Exton Square ($76k), The Black Excellence Awards- Louvenia Johnson Scholarship Fund ($76k) and Payton Alumni Community & Endowment ($76k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.