Tour of Lake Ellyn Foundation

Analysis

Tour of Lake Ellyn Foundation is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Tour of Lake Ellyn Foundation reported income of $56k and spending of $56k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $56k (+1.0%), an average of +1.0% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tour of Lake Ellyn Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Ibew Local Union 210 Community Assistance Fund ($56k), Remc Multi-County Community Trust Inc ($56k) and High Peaks Education Foundation ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,350 against liabilities of $0, net assets of $2,350.