Illinois Principals Foundation

Analysis

Illinois Principals Foundation is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Principals Foundation reported income of $115k and spending of $78k, leaving 32% of income unspent that year. Across the 3 years on record, from June 2021 to June 2024, income fell from $281k to $115k (-59%), an average of -36% a year. The sharpest change came in the year to June 2023, when income dropped by 64%. Over the whole period it spent 44% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Principals Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Acts 4 Others ($115k), Our Lady of Mount Carmel Conference ($115k) and Thrive 360 Ministries Inc ($115k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.