Sauk Valley College Foundation

Analysis

Sauk Valley College Foundation is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in June 1966, 60 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sauk Valley College Foundation reported income of $1.5m and spending of $629k, leaving 58% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $892k to $1.5m (+69%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 107%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sauk Valley College Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Newark Electrical Joint Apprenticeship and Training Trust ($1.5m), Dr Susan Love Research Foundation ($1.5m) and Sunshine State Economic Development Corp ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $10.3m against liabilities of $87k, net assets of $10.2m.