Southern Illinois University Foundation

Analysis

Southern Illinois University Foundation is a registered charity in United States, based in Carbondale, IL. It received its IRS tax-exemption ruling in August 1944, 82 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Southern Illinois University Foundation reported income of $38.4m and spending of $22.7m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $20.2m to $38.4m (+90%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 65%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southern Illinois University Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Shipley School ($38.3m), St Johnsbury Academy ($38.4m) and Ccres ($38.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 0.3% of the total. Other salaries and wages came to $67k. At year end it held assets of $287.2m against liabilities of $4.4m, net assets of $282.8m. It reported 47 employees.