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Illinois College

Jacksonville, IL · EIN 37-0661211 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Illinois College reported $56.5 million in revenue and $65.5 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $89.85 went to program services, $6.95 to management and general costs and $3.20 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 70.3% of the total. Government grants made up 6.9%. The highest compensation it reported for one person was $449,758 (PRESIDENT). 11 people received more than $100,000 in reportable compensation. Revenue rose 6% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $65M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $56M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
3.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.28$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
13.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
6.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
70.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$449,758$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.69%1.28%
People paid over $100,000
Part VII, line 2
118
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
30.213.3
Independent voting board members
Part VI 1a–1b
24 of 24100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$59M expenses · 100.0% of program spending · grants $20M · revenue $40M

Provision of post-secondary education to approximately 1,000 students

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 50.00 hrs/week
$400,588$0$49,170$449,758
PROVOST/DEAN OF COLLEGE
Officer, 50.00 hrs/week
$213,720$0$45,196$258,916
VP OF EXTERNAL RELATIONS
Officer, 50.00 hrs/week
$175,244$0$34,269$209,513
VP OF BUSINESS/CFO
Officer, 50.00 hrs/week
$168,626$0$36,328$204,954
ASSOCIATE VP OF FINANCE &
Highest compensated employee, 50.00 hrs/week
$114,171$0$32,120$146,291
DIRECTOR OF HUMAN RESOURCE
Highest compensated employee, 50.00 hrs/week
$102,021$0$39,645$141,666
ASSOCIATE VP OF ENROLLMENT
Highest compensated employee, 50.00 hrs/week
$105,705$0$31,618$137,323
PROFESSOR OF PSYCHOLOGY
Highest compensated employee, 50.00 hrs/week
$100,864$0$26,658$127,522

11 people received more than $100,000 in reportable compensation from Illinois College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$56M$65M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$56M$65M89.8%$165M$449,758
FY2024 ⓘ$59M$65M89.2%$172M$443,717
FY2023 ⓘ$51M$60M90.5%$174M$557,597
FY2022 ⓘ$65M$61M92.1%$183M$425,617
FY2021 ⓘ$62M$59M92.7%$193M$394,133
FY2020 ⓘ$53M$57M92.3%$164M$431,553

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b24 · 24 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5773
  • Volunteers Part I, line 615

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
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

Individuals listed as contractors are left out. 23 contractors were paid more than $100,000 in all.

Private foundation grants it received

20 private foundations reported grants to Illinois College totaling $278K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Illinois College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Illinois College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Illinois

Questions people ask

How much of Illinois College's spending goes to programs?

In the fiscal year ending May 31, 2025, Illinois College reported that 89.8% of its $65.5 million in expenses went to program services, 6.9% to management and general and 3.2% to fundraising (Form 990, Part IX).

How much does Illinois College pay its top executive?

The largest total compensation Illinois College reported for one person in the fiscal year ending May 31, 2025 was $449,758, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Illinois College get its money?

Of $56.5 million in revenue in the fiscal year ending May 31, 2025, 13.2% came from contributions and grants (including 6.9% from government grants) and 70.3% from program service revenue (Form 990, Part VIII).

Is Illinois College a registered charity?

The IRS lists EIN 37-0661211 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202600489349301825 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202521049349302257 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202401029349301045 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202340819349301004 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202231049349300738 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202111059349300826 · read the filing

All filings for EIN 37-0661211: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.