The Southeastern Illinois College Foundation

Analysis

The Southeastern Illinois College Foundation is a registered charity in United States, based in Harrisburg, IL. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, The Southeastern Illinois College Foundation reported income of $434k and spending of $800k, spending 184% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $801k to $434k (-46%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Southeastern Illinois College Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Lupus Foundation of America Texas Gulf Coast Chapter Inc ($434k), Austin Community Charitable Fund ($434k) and Open Door Ventures ($434k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $4.9m against liabilities of $13k, net assets of $4.9m.