Northern Illinois Research Foundation

Analysis

Northern Illinois Research Foundation is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in October 2001, 25 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northern Illinois Research Foundation reported income of $272k and spending of $271k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $244k to $272k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Northern Illinois Research Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include The Silverstein Foundation for Gba Research ($272k), Mielke Family Foundation Inc ($272k) and East Chapel Hill Rotary Club Foundation ($272k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $144k against liabilities of $59k, net assets of $86k.