Prairie Lands Foundation

Analysis

Prairie Lands Foundation is a registered charity in United States, based in Fairbury, IL. It received its IRS tax-exemption ruling in December 1972, 54 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Prairie Lands Foundation reported income of $369k and spending of $163k, leaving 56% of income unspent that year. Across the 4 years on record, from April 2021 to April 2024, income grew from $156k to $369k (+136%), an average of +33% a year. The sharpest change came in the year to April 2022, when income rose by 87%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Prairie Lands Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Overlys Country Christmas Inc ($369k), Lift Our Own Inc ($369k) and The St Andrews Society of Detroit ($369k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 66% of the total. Other salaries and wages came to $22k. At year end it held assets of $5.8m against liabilities of $13k, net assets of $5.8m. It reported 3 employees.