Cpa Endowment Fund of Illinois

Analysis

Cpa Endowment Fund of Illinois is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1999, 27 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 March 2024, Cpa Endowment Fund of Illinois reported income of $580k and spending of $473k, spending 82% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $553k to $580k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to March 2022, when income rose by 91%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cpa Endowment Fund of Illinois sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Capital Facilities Foundation Inc ($580k), Cotuit Library Association ($580k) and Calvary Baptist Ministries Inc ($580k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $141k. At year end it held assets of $5.8m against liabilities of $12k, net assets of $5.7m.