Illinois Correctional Employees Memorial Association

Analysis

Illinois Correctional Employees Memorial Association is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in January 2012, 14 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 June 2023, Illinois Correctional Employees Memorial Association reported income of $148k and spending of $93k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $164k to $148k (-9.6%), an average of -9.6% a year. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Illinois Correctional Employees Memorial Association 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 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Indian Valley Foundation Inc ($148k), Ctcu Foundation ($148k) and United Way of Chesterfield County Inc ($148k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $473k against liabilities of $0, net assets of $473k.