Hillels of Illinois Endowment Foundation

Analysis

Hillels of Illinois Endowment Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hillels of Illinois Endowment Foundation reported income of $711k and spending of $327k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $711k (-41%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 259%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillels of Illinois Endowment Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include El Paso Country Day School Inc ($710k), Colleges That Change Lives Inc ($711k) and Impact Christian Academy ($710k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.