Peoria School District 150 Foundation

Analysis

Peoria School District 150 Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Peoria School District 150 Foundation reported income of $642k and spending of $587k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $455k to $642k (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 110%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Peoria School District 150 Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include WG and JB Manson Charitable Trust ($641k), TMG Foundation ($642k) and Yeshiva Kneses Hatorah Inc ($641k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $64k (11% of expenses). Other salaries and wages came to $144k. At year end it held assets of $1.4m against liabilities of $33k, net assets of $1.3m. It reported 14 employees.