Southern Illinois Community Foundation

Analysis

Southern Illinois Community Foundation is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in August 1998, 28 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 December 2023, Southern Illinois Community Foundation reported income of $1.1m and spending of $987k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $822k to $1.1m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 125%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southern Illinois Community Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Newton D & Rochelle F Becker Foundation ($1.1m), 904ward Inc ($1.1m) and Taabir ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $66k (6.7% of expenses). Other salaries and wages came to $32k. At year end it held assets of $3.4m against liabilities of $208k, net assets of $3.2m. It reported 3 employees.