John R and Eleanor R Mitchell Foundation

Analysis

John R and Eleanor R Mitchell Foundation is a registered charity in United States, based in Mt Vernon, IL. It received its IRS tax-exemption ruling in August 1965, 61 years ago. 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, John R and Eleanor R Mitchell Foundation reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to June 2023, income grew from $1.4m to $1.6m (+15%), an average of +3.7% a year. The sharpest change came in the year to September 2020, when income rose by 36%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John R and Eleanor R Mitchell Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include KCBX Inc ($1.6m), Arc of Illinois ($1.6m) and Lake Forest Ranch Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $224k (13% of expenses). Other salaries and wages came to $419k. At year end it held assets of $21.5m against liabilities of $293k, net assets of $21.2m. It reported 18 employees.