Bond Co Community Unit 2 Academic Foundation Inc

Analysis

Bond Co Community Unit 2 Academic Foundation Inc is a registered charity in United States, based in Greenville, IL. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Bond Co Community Unit 2 Academic Foundation Inc reported income of $152k and spending of $50k, leaving 67% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $114k to $152k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2024, when income rose by 77%. Over the whole period it spent 41% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bond Co Community Unit 2 Academic Foundation Inc 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 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Ensign Partners Foundation Inc ($152k), Friends of the Manhattan School for Children Inc ($152k) and Charleston Resturant Foundation Inc ($152k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% of the total. At year end it held assets of $867k against liabilities of $26k, net assets of $840k.