Central Illinois Educational Opportunities Inc

Analysis

Central Illinois Educational Opportunities Inc is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Illinois Educational Opportunities Inc reported income of $1.1m and spending of $819k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $373k to $1.1m (+194%), an average of +31% a year. The sharpest change came in the year to June 2020, when income rose by 96%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Illinois Educational Opportunities Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Iupat District Council 81 Joint Apprenticeship and Training Trust ($1.1m), Vertex Nonprofit Organization ($1.1m) and Estancia Valley Classical Academy ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $431k. At year end it held assets of $2.4m against liabilities of $2.0m, net assets of $474k.