Central Illinois Veterans Center

Analysis

Central Illinois Veterans Center is a registered charity in United States, based in Lincoln, IL. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Central Illinois Veterans Center reported income of $848k and spending of $63k, leaving 93% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $184k to $848k (+360%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 328%. Over the whole period it spent 8.2% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Illinois Veterans Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Blue Hill Troupe Ltd ($847k), Stratford Foundation Inc ($848k) and Fox Valley Animal Welfare League ($847k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.