Waukegan to College NFP

Analysis

Waukegan to College NFP is a registered charity in United States, based in Waukegan, IL. It received its IRS tax-exemption ruling in August 2012, 14 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, Waukegan to College NFP reported income of $837k and spending of $882k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $693k to $837k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waukegan to College NFP sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Iowa City Public Library Friends Foundation ($837k), Local 44 J a T C Educational Development Trust ($837k) and Greenville Literacy Association Inc ($837k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $104k (12% of expenses). Other salaries and wages came to $386k. At year end it held assets of $1.2m against liabilities of $53k, net assets of $1.2m. It reported 10 employees.