Ofallon High School Endowment Fund Ltd

Analysis

Ofallon High School Endowment Fund Ltd is a registered charity in United States, based in O Fallon, IL. It received its IRS tax-exemption ruling in November 1999, 27 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, Ofallon High School Endowment Fund Ltd reported income of $101k and spending of $27k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $101k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ofallon High School Endowment Fund Ltd sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Seth Keener Foundation ($100k), Faces of Our Children Inc ($101k) and Town of Medley Foundation Inc ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.