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Illinois · Nonprofit

WHEATON ACADEMY INSTITUTE

WHEATON ACADEMY INSTITUTE (Illinois) receives grants from 1 organization whose IRS filings report $552,060 to it, the largest being Wheaton Academy ($552,060). 1 of them have funded it in more than one year.

Revenue FY2025
$476k
Funders on record
1
Grants received
$552k
Net assets
$-140278
1/1 repeat funderspeak grant-dependency 66%
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($1.2M) Expenses 100 ($1.1M) Net assets -206 ($-130458)2019 Revenue 88 ($1.0M) Expenses 85 ($973k) Net assets -120 ($-76282)2020 Revenue 25 ($295k) Expenses 34 ($391k) Net assets -271 ($-172062)2021 Revenue 46 ($536k) Expenses 26 ($300k) Net assets 100 ($63k)2022 Revenue 32 ($377k) Expenses 33 ($376k) Net assets 103 ($65k)2023 Revenue 32 ($367k) Expenses 38 ($437k) Net assets -7 ($-4135)2024 Revenue 24 ($278k) Expenses 36 ($408k) Net assets -213 ($-134874)2025 Revenue 41 ($476k) Expenses 42 ($481k) Net assets -221 ($-140278)
'18'19'20'21'22'23'24'25
Revenue (41)Expenses (42)Net assets (-221)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

1% of WHEATON ACADEMY INSTITUTE’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 24,851 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$14k
’18
$54k
’19
−$96k
’20
$236k
’21
$2k
’22
−$69k
’23
−$131k
’24
−$5k
’25
18
months of
reserve
02Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income fell $353k → $74k.

Funder
'21
'22
'23
total
funders
1
1
1

From the IRS filings of WHEATON ACADEMY INSTITUTE’s funders (the co-funder graph). Association, not causation.

Where its funders are

100% of WHEATON ACADEMY INSTITUTE's grant income comes from Illinois funders.

IL

In-state vs out-of-state, by year

’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Against its field

WHEATON ACADEMY INSTITUTE holds deeper cash reserves than three-quarters of the 15,926 education nonprofits its size.

Operating margin−1% · below the median
Months of reserve17.8mo · top quartile
Revenue growth (annualized)−12% · bottom quartile

this organization peer median middle 50% of peers· 15,926 education nonprofits $100k–$1M, FY2025

Organizations like WHEATON ACADEMY INSTITUTE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

7
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 2 states

IL
CA

Part of a family of 2 related entities

  • Wheaton Academy · exempt
  • Wheaton Academy Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WHEATON ACADEMY INSTITUTE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WHEATON ACADEMY INSTITUTE?
WHEATON ACADEMY INSTITUTE (Illinois) receives grants from 1 organization whose IRS filings report $552,060 to it, the largest being Wheaton Academy ($552,060). 1 of them have funded it in more than one year.
How many funders does WHEATON ACADEMY INSTITUTE have?
IRS filings report 1 organization giving $552,060 in grants to WHEATON ACADEMY INSTITUTE, 1 of which have funded it in more than one year.
Who is the largest funder of WHEATON ACADEMY INSTITUTE?
Wheaton Academy is the largest funder on record, with $552,060 in grants. The full list of funders is on this page.
How can an organization like WHEATON ACADEMY INSTITUTE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Wheaton Academy Institute →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. What this page cannot tell you · view filing