Illinois Trial Lawyers Association Education Fund

Analysis

Illinois Trial Lawyers Association Education Fund is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in November 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Illinois Trial Lawyers Association Education Fund reported income of $193k and spending of $400k, spending 207% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $238k to $193k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 160% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Trial Lawyers Association Education Fund sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Community Fund of Sun City West Inc ($193k), Nocona Rural Volunteer Fire Department Inc ($193k) and Peoples Homesteading Group Inc ($193k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $89k. At year end it held assets of $222k against liabilities of $1.4m, net assets of -$1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.