Illinois Elementary School Association Incorporated

Analysis

Illinois Elementary School Association Incorporated is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in June 1965, 61 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 2024, Illinois Elementary School Association Incorporated reported income of $2.8m and spending of $2.1m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $2.8m (+129%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 111%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illinois Elementary School Association Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Oak Academies Inc ($2.8m), Richmond Christian School Inc ($2.8m) and Stu-Comm Incorporated ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $439k (21% of expenses). Other salaries and wages came to $161k. It paid $383k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $2,113, net assets of $3.5m. It reported 11 employees.