Argo Higher Education Foundation

Analysis

Argo Higher Education Foundation is a registered charity in United States, based in Summit Argo, IL. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Argo Higher Education Foundation reported income of $74k and spending of $51k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $76k to $74k (-1.9%), an average of -1.9% a year. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Argo Higher Education Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Sayreville Ues PTO Inc ($74k), Palm Harbor University Performing Arts Booster Club ($74k) and Classic Math School ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $210k against liabilities of $0, net assets of $210k.