Rend Lake College Foundation

Analysis

Rend Lake College Foundation is a registered charity in United States, based in Ina, IL. It received its IRS tax-exemption ruling in February 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rend Lake College Foundation reported income of $1.5m and spending of $567k, leaving 62% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.5m (+8.6%), an average of +2.8% a year. The sharpest change came in the year to June 2023, when income rose by 113%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rend Lake College Foundation sits at the 80th percentile: it is larger than about 80% 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 Center for Culturally Responsive Teaching and Learning ($1.5m), LRSH Inc Colorado Non-Profit Corporation ($1.5m) and West Jupiter Community Group Inc ($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 $7.6m against liabilities of $109k, net assets of $7.5m. It reported 1 employees.