Illinois Agricultural Leadership Foundation

Analysis

Illinois Agricultural Leadership Foundation is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Illinois Agricultural Leadership Foundation reported income of $861k and spending of $525k, leaving 39% of income unspent that year. Across the 6 years on record, from September 2019 to June 2024, income grew from $552k to $861k (+56%), an average of +9.3% a year. The sharpest change came in the year to June 2024, when income rose by 159%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Agricultural Leadership Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Baptist Missionary Association of ($861k), Keystone Regional Volleyball Association Ta Usvba ($861k) and Human Resource Development Associates Inc ($861k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $122k (23% of expenses). Other salaries and wages came to $146k. At year end it held assets of $3.6m against liabilities of $3,669, net assets of $3.6m. It reported 4 employees.