Illinois Central College Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Illinois Central College Foundation is a 501(c)(3) organization based in East Peoria, Illinois, registered in 1988, with $6,133,173 in FY2024 revenue. CharityIndex grades it B.
1 College Dr, East Peoria, IL, 61635 EIN 37-1207827 Since 1988
Revenue (FY2024)
$6.1M
▲ 23.8% vs prior year
Expenses (FY2024)
$4.6M
Net assets
$31.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Illinois Central College Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating82 mo reserves · +25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Illinois Central College Foundation: 82 mo reserves · +25% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Illinois Central College Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Illinois Central College Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1 College Dr, East Peoria, IL, 61635
- City
- East Peoria
- State
- Illinois
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $4.1M (FY2013) to $6.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.8MNet assets $31.4M
Operating margin
24.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$45.3M
Total liabilities
$13.8M
Net assets
$31.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,133,173▲23.8% | $4,603,286▲5.6% | $31,430,981▲14.4% | $45,269,321▲8.3% | 990 |
| 2023 | $4,954,360▲33.4% | $4,360,679▲9.3% | $27,462,905▲15.6% | $41,793,754▲8.8% | 990 |
| 2022 | $3,714,382▼26.8% | $3,988,916▲34.4% | $23,756,577▲9.0% | $38,398,159▲4.1% | 990 |
| 2021 | $5,075,188▼0.6% | $2,967,984▲15.1% | $21,788,794▼14.0% | $36,893,263▼9.9% | 990 |
| 2020 | $5,106,995▲51.8% | $2,578,873▼8.9% | $25,343,996▲37.2% | $40,925,937▲18.6% | 990 |
| 2019 | $3,364,836▼5.7% | $2,830,699▼1.8% | $18,473,090▲5.5% | $34,507,206▲1.6% | 990 |
| 2018 | $3,567,482▲18.3% | $2,881,454▼3.0% | $17,513,267▲12.8% | $33,962,855▲5.0% | 990 |
| 2017 | $3,016,554▼12.2% | $2,970,215▼19.0% | $15,532,432▲8.1% | $32,343,230▲2.4% | 990 |
| 2016 | $3,435,620▼17.9% | $3,669,168▲15.3% | $14,365,013▲8.5% | $31,582,134▲2.6% | 990 |
| 2015 | $4,184,395▲2.7% | $3,182,109▼0.2% | $13,238,848▼3.2% | $30,786,168▼2.2% | 990 |
| 2014 | $4,075,222▼0.9% | $3,189,945▼8.6% | $13,676,755▲1.1% | $31,475,572▼1.2% | 990 |
| 2013 | $4,111,809 | $3,490,116▼2.5% | $13,529,055▲11.6% | $31,858,978▲4.6% | 990 |
| 2012 | — | $3,578,127▲10.0% | $12,125,942▲12.6% | $30,467,528▲4.8% | 990 |
| 2011 | — | $3,253,581▲4.7% | $10,764,301▲13.2% | $29,062,538▲4.1% | 990 |
| 2010 | — | $3,106,934▲1.4% | $9,510,206▲28.0% | $27,915,870▲7.8% | 990 |
| 2009 | — | $3,065,248 | $7,428,037 | $25,887,770 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $522K total
19 grants to Illinois Central College Foundation totaling $522K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Local Initiatives Support Corporation | See part iv | 2024 | $67,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $39,500 |
| Donor Advised Charitable Giving | Education | 2023 | $19,125 |
| Donor Advised Charitable Giving | Education | 2021 | $8,500 |
| The Chicago Community Trust | Support for compeer financial scholarships (2 at $1,250 each). support of equipment & technology and student recruitment & outreach | 2021 | $7,500 |
| The Chicago Community Trust | Support for compeer financial scholarships (2 at $1,250 each). support of equipment & technology and student recruitment & outreach | 2021 | $7,500 |
| The Chicago Community Trust | To support compeer financial scholarship, and equipment & technology and student retention & professional development for the agriculture program | 2020 | $47,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $5,500 |
| Donor Advised Charitable Giving | Education | 2019 | $7,040 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $6,500 |
| The Chicago Community Trust | Agriculture: precision planting equipment upgrades | 2018 | $21,000 |
| Donor Advised Charitable Giving | Education | 2018 | $20,800 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $6,000 |
| Donor Advised Charitable Giving | Education | 2017 | $186,030 |
| Donor Advised Charitable Giving | Education | 2016 | $51,114 |
Frequently asked questions
- Is Illinois Central College Foundation a legitimate nonprofit?
- Yes. Illinois Central College Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1207827, based in East Peoria, Illinois. Donations are tax-deductible.
- What is Illinois Central College Foundation's EIN?
- Illinois Central College Foundation's Employer Identification Number (EIN) is 37-1207827.
- How much revenue does Illinois Central College Foundation report?
- Illinois Central College Foundation reported $6,133,173 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Illinois Central College Foundation have?
- CharityIndex grades Illinois Central College Foundation B, based on financial health (reserves and operating margin).
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Data for Illinois Central College Foundation (EIN 37-1207827) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.