Asa Education Foundation Inc led Itasca non-profits by total revenue in 2024

Annual Report
Annual Report | contentgroup.com.au
By C. C. Crocker

Asa Education Foundation Inc was the highest-revenue non-profit in Itasca, Illinois in 2024, with $1,473,135 in total revenue. Itasca had 23 non-profits with available 2024 Form 990-series total revenue data; the 10 with the highest reported revenues are shown below. Among those organizations, average reported total revenue was $298,114. Those organizations reported $6,856,629 in combined total revenue.

The ranking reflects non-profits with available Form 990-series total revenue data that met the ranking's data criteria and may not include every non-profit in the city.

The ranking is based on IRS Form 990 filings, the annual information returns most tax-exempt organizations file with the IRS. The form includes reported revenue, expenses, assets, governance information and compensation paid to certain people, making it a public source for comparing large tax-exempt organizations' finances.

The figures reflect what each organization reported for its filing year, including total revenue, contributions, government grants, compensation, the number of employees and assets at the start and end of the year. Because nonprofits can differ by mission, structure and accounting period, the totals are best read as reported financial measures, not as a direct measure of local charitable activity.

Several ranked non-profits reported component compensation figures in 2024. Asa Education Foundation Inc reported $92,490 in other compensation reported on the filing. International Corrugated Packaging Found reported $249,260 in reportable compensation from related organizations and $33,845 in other compensation reported on the filing. Dysphonia International Inc reported $96,423 in reportable compensation from related organizations.

Multiple ranked organizations reported contributions and asset levels. Asa Education Foundation Inc reported $12,650 in total contributions and held assets that rose from $13,796,537 at the beginning of the year to $14,660,447 at year-end, an increase of 6.3 percent. International Corrugated Packaging Found reported $790,034 in total contributions, including $24,260 in noncash contributions, with assets rising from $18,094,803 to $18,692,752, an increase of 3.3 percent. Visionary Ventures Nfp Corporation reported $216,328 in total contributions and assets declining from $4,480 to $1,809, a decrease of 59.6 percent.

Several organizations experienced changes in total revenue compared to the prior year. Asa Education Foundation Inc reported $1,473,135 in total revenue in 2024, up from $420,043 in the prior year, an increase of $1,053,092 or 250.7%. International Corrugated Packaging Found reported $1,233,633, up from $810,761, an increase of $422,872 or 52.2%. Glass Solutions Foundation reported $281,252, down from $412,556, a decrease of $131,304 or 31.8%.

Tax-exempt organizations include a wide range of groups, such as charities, foundations, educational institutions and other mission-driven organizations. Under IRS rules, 501(c)(3) organizations must be organized and operated for exempt purposes, and their earnings cannot benefit private shareholders or individuals.

Top 10 Non-Profits by Total Revenue in Itasca (2024)
RankOrganizationTotal revenue
1Asa Education Foundation Inc$1,473,135
2International Corrugated Packaging Found$1,233,633
3Dysphonia International Inc$752,954
4National Forum For Latino Health Care Executives$621,204
5Gift Of Hope Community Foundation$560,376
6Greater Itasca Food Pantry$488,295
7Glass Solutions Foundation$281,252
8Visionary Ventures Nfp Corporation$216,328
9Anointing Fire Catholic Ministry America$203,998
10Center Of Itasca Umc$193,462