Illinois College
90% goes to programs $28 to raise $100 Strong reserves
Illinois College is a 501(c)(3) organization based in Jacksonville, Illinois, registered in 1941, with $56,465,525 in FY2024 revenue. CharityIndex grades it B+, and it directs about 90% of spending to programs.
1101 W College Ave, Jacksonville, IL, 62650 EIN 37-0661211 Since 1941
Revenue (FY2024)
$56.5M
▼ 4.5% vs prior year
Education median: $200K
Expenses (FY2024)
$65.5M
Net assets
$164.8M
Employees
773
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating90% to programs · $28 to raise $100
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. For Illinois College: 90% to programs · $28 to raise $100 earns a B on this criterion. See the exact thresholds →
C+Financial health25% of the rating30 mo reserves · -16% 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 College: 30 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Illinois College: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 College: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Illinois college is a co-educational institution of higher learning in the liberal arts.
Contact & location
- Address
- 1101 W College Ave, Jacksonville, IL, 62650
- City
- Jacksonville
- State
- Illinois
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $44.7M (FY2013) to $56.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $41.6MNet assets $164.8M
Operating margin
-16.0%
Spent more than it raised in the latest fiscal year.
Total assets
$206.4M
Total liabilities
$41.6M
Net assets
$164.8M
Salaries & benefits
$22.9M
35% of expenses
Board members
24
24 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,465,525▼4.5% | $65,474,299▲1.0% | $164,818,020▼4.2% | $206,402,063▼4.4% | 990 |
| 2023 | $59,107,728▲15.2% | $64,797,094▲8.0% | $172,013,325▼1.2% | $215,802,956▼1.7% | 990 |
| 2022 | $51,317,541▼20.9% | $60,021,916▼1.7% | $174,153,187▼5.0% | $219,606,348▲4.7% | 990 |
| 2021 | $64,876,900▲4.3% | $61,080,908▲4.2% | $183,320,120▼5.0% | $209,663,245▼4.7% | 990 |
| 2020 | $62,221,628▲16.9% | $58,606,163▲2.0% | $192,984,484▲17.6% | $220,004,192▲14.5% | 990 |
| 2019 | $53,219,755▲3.1% | $57,465,570▲6.2% | $164,122,249▼3.7% | $192,079,972▼3.7% | 990 |
| 2018 | $51,627,909▲14.4% | $54,087,469▲4.3% | $170,354,383▼4.7% | $199,366,071▼3.7% | 990 |
| 2017 | $45,137,415▲2.6% | $51,879,592▲2.4% | $178,703,698▼1.5% | $207,132,347▼0.3% | 990 |
| 2016 | $43,995,246▼49.9% | $50,647,922▼2.4% | $181,495,401▲1.4% | $207,758,570▼0.1% | 990 |
| 2015 | $87,782,825▲84.6% | $51,874,107▲6.7% | $179,042,209▼9.1% | $207,880,656▼7.5% | 990 |
| 2014 | $47,554,054▲6.4% | $48,606,178▲4.2% | $196,865,210▼0.4% | $224,687,103▼0.7% | 990 |
| 2013 | $44,702,799 | $46,634,548▲4.4% | $197,713,768▲3.4% | $226,239,523▲2.0% | 990 |
| 2012 | — | $44,682,913▲10.8% | $191,262,512▲9.0% | $221,865,786▲6.7% | 990 |
| 2011 | — | $40,331,643▲11.4% | $175,550,511▲0.4% | $207,970,234▲0.4% | 990 |
| 2010 | — | $36,190,961▲7.3% | $174,891,842▲9.7% | $207,112,295▲10.5% | 990 |
| 2009 | — | $33,722,407 | $159,454,192 | $187,432,114 | 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.
Leadership & compensation (FY2024)
Highest-paid: Barbara Farley — $400,588 (0.61% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Barbara Farley | President | 50 | $400,588 |
| Catharine O'connell | Provost/dean of College | 50 | $213,720 |
| Stephanie Chipman | Vp of External Relations | 50 | $175,244 |
| Kent Siltman | Vp of Business/cfo | 50 | $168,626 |
| Angela Bentley | Director of Nursing/associ | 50 | $120,378 |
| Melissa Dyson | Associate Vp of Finance & | 50 | $114,171 |
| Evan Wilson | Associate Vp of Enrollment | 50 | $105,705 |
| Lauren Hays | Director of Human Resource | 50 | $102,021 |
| Elizabeth Zettler | Professor of Psychology | 50 | $100,864 |
| Ellen F Rammelkamp Miller | Board Member | 1 | — |
| George A Zelcs | Board Member | 2 | — |
| Gerry L Beard | Board Member | 1 | — |
| Greg C May | Board Member | 1 | — |
| Henry A Schmitt | Board Member | 1 | — |
| James W Spradlin | Board Member | 2 | — |
| Jean C Statler | Board Member | 2 | — |
| Joan M Deboer | Board Member & Secretary | 2 | — |
| Joanna Marker | Board Member | 1 | — |
| Joel C Harmon | Board Member | 1 | — |
| Joseph T Calmese | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Chartwells | Food Service | $2,602,361 |
| Ruffalo Noel Levitz LLC | Online Program Services | $1,489,934 |
| Hymes Construction Incorporated | Construction | $1,149,290 |
| Weber Electric Inc | Construction | $745,222 |
| A Book Company LLC | Textbook Service | $648,117 |
Grants received · $3.4M total
51 grants to Illinois College totaling $3.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Educational | 2024 | $126,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $20,415 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $7,686 |
| Memorial Health System | See part iv nursing education support agreement. nationally ranked 4-year college dedicated to student success that builds an international reputation for inspiriation | 2023 | $1,963,875 |
| National Philanthropic Tr | Education | 2023 | $76,700 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $36,612 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $25,000 |
| Donor Advised Charitable Giving | Education | 2023 | $22,350 |
| Charities Aid Foundation America | Charitable donation | 2023 | $12,120 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $10,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $10,000 |
| American Online Giving Foundation Inc | General support | 2023 | $8,022 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $6,745 |
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Compare Illinois College
Frequently asked questions
- Is Illinois College a legitimate nonprofit?
- Yes. Illinois College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-0661211, based in Jacksonville, Illinois. Donations are tax-deductible.
- What is Illinois College's EIN?
- Illinois College's Employer Identification Number (EIN) is 37-0661211.
- How much revenue does Illinois College report?
- Illinois College reported $56,465,525 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Illinois College's spending goes to programs?
- Illinois College spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Illinois College have?
- CharityIndex grades Illinois College B+, based on program efficiency and fundraising cost.
- How much does Illinois College's highest-paid employee make?
- The highest reported compensation on Illinois College's latest Form 990 is $400,588, paid to Barbara Farley (President).
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Data for Illinois College (EIN 37-0661211) 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.