Southeastern Illinois Community Foundation

Analysis

Southeastern Illinois Community Foundation is a registered charity in United States, based in Effingham, IL. It received its IRS tax-exemption ruling in February 2000, 26 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, Southeastern Illinois Community Foundation reported income of $8.5m and spending of $6.0m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $23.3m to $8.5m (-64%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Southeastern Illinois Community Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Westchester Community College Foundation Inc ($8.4m), Northeast Kansas Community Action Program ($8.5m) and Rafael and Luisa de Marchena-Huyke Foundation ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $88k (1.5% of expenses). Other salaries and wages came to $154k. At year end it held assets of $72.9m against liabilities of $1.2m, net assets of $71.7m. It reported 4 employees.