Illinois Science Olympiad

Analysis

Illinois Science Olympiad is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in July 1996, 30 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 2024, Illinois Science Olympiad reported income of $169k and spending of $123k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $103k to $169k (+64%), an average of +64% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illinois Science Olympiad sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include Photographers Without Borders Inc ($169k), Next Step Equal Education ($169k) and Bulgarian Educational and Cultural Center St Kliment Ohridski Inc ($169k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.