Heart of Illinois

Analysis

Heart of Illinois is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Heart of Illinois reported income of $140k and spending of $140k, spending 100% of its income. Across the 3 years on record, from August 2022 to August 2024, income fell from $147k to $140k (-4.9%), an average of -2.5% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heart of Illinois sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Figure Skating Club of Bloomington ($140k), Pineview Dixie Youth League Inc ($140k) and Nacogdoches Boys Youth Baseball ($140k).

At year end it held assets of $17k against liabilities of $0, net assets of $17k.