Kaskaskia College Foundation

Analysis

Kaskaskia College Foundation is a registered charity in United States, based in Centralia, IL. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Kaskaskia College Foundation reported income of $2.4m and spending of $724k, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $582k to $2.4m (+307%), an average of +42% a year. The sharpest change came in the year to June 2022, when income rose by 189%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kaskaskia College Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Sonshine Christian Academy ($2.4m), Friends School Inc ($2.4m) and Joshua Group ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $11.9m against liabilities of $1,740, net assets of $11.9m.