Western Illinois University Foundation

Analysis

Western Illinois University Foundation is a registered charity in United States, based in Macomb, IL. It received its IRS tax-exemption ruling in January 1948, 78 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Western Illinois University Foundation reported income of $12.0m and spending of $10.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.3m to $12.0m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Illinois University Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Vacaville Christian Academy ($12.0m), Propel America ($12.0m) and Pave Academy Charter School ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $104.6m against liabilities of $1.6m, net assets of $103.1m.