Northern Illinois Center for Nonprofit Excellence

Analysis

Northern Illinois Center for Nonprofit Excellence is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Northern Illinois Center for Nonprofit Excellence reported income of $429k and spending of $384k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $510k to $429k (-16%), an average of -3.4% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern Illinois Center for Nonprofit Excellence sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Niagara County Electrical Joint Apprenticeship Training Committee ($429k), National Institute for Construction Excellence ($429k) and College and Career Plaza ($429k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $180k (47% of expenses). At year end it held assets of $1.1m against liabilities of $49k, net assets of $1.1m. It reported 2 employees.