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Eureka College

EIN 37-0673484 · Eureka, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair50 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

EUREKA COLLEGE PROVIDES A STUDENT-CENTERED EXPERIENCE THAT CULTIVATES THE ESSENTIAL SKILLS TO SERVE WITH PASSION, LEAD WITH PURPOSE, PURSUE GROWTH OPPORTUNITIES AND LEARN FOR LIFE.

Income
$17.6 million
Spending
$18.6 million
Spent on programs
70%
Reserves
-11.5 months of spending
Largest source of income
fees for its services, 65%
Employees
346
Volunteers
75
Highest pay
$243,276, president

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 50 out of 100. Higher than 32% of charities in its peer group (education, $10m to $100m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    16 of 20

    It owes 25% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 6% of income.

  • Income trend

    15 of 15

    Income rose 18% on the year before.

  • Spending floor

    15 of 15

    70% of spending went to programs and raising each dollar of donations cost 26 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 25% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    20 of 21 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $13.0 million spent. EUREKA STUDENTS TAKE COURSES IN THE COLLEGE'S FOUR ACADEMIC DIVISIONS: ARTS AND EDUCATION, HUMANITIES, SCIENCE AND MATHEMATICS, AND SOCIAL SCIENCE AND BUSINESS. THE EUREKA COMMUNITY IS ONE THAT ENCOURAGES ITS MEMBERS INVOLVEMENT AND INTERACTION THROUGH SUCH ACTIVITIES AS MUSIC, THEATRE, STUDENT GOVERNMENT, AND ATHLETICS. AT THE CENTER OF THE EUREKA EXPERIENCE IS THE DEVELOPMENT OF VALUES THAT WILL HELP ITS GRADUATES CONTRIBUTE TO SOCIETY IN ROLES OF LEADERSHIP AND SERVICE.THE GOALS OF THE EUREKA COLLEGE CURRICULUM ARE PUBLISHED IN THE EUREKA COLLEGE CATALOG. THE COLLEGE UNDERSTANDS THAT THE TRUE PURPOSE OF EDUCATION IS TO REALIZE THE POTENTIAL OF THE WHOLE PERSON. ACCORDINGLY, OUR GOALS, ABBREVIATED BELOW, ARE TO FOSTER THE DEVELOPMENT OF:- THE INTELLECT- COMMUNICATION SKILLS AESTHETIC AND CULTURAL AWARENESS- AN UNDERSTANDING OF THE NATURAL ENVIRONMENT- PHYSICAL FITNESS, ALERTNESS, AND VITALITY- COMPETENCE IN AT LEAST ONE ACADEMIC OR PROFESSIONAL FIELD- GREATER SOCIAL AWARENESS- GREATER SENSE OF PERSONAL RESPONSIBILITY- PERSONAL VALUES- WAYS TO USE KNOWLEDGE IN LEADERSHIP AND SERVICE IN 2024-2025, THE COLLEGE SAW NEW STUDENT ENROLLMENT OF 244, WITH A TOTAL ENROLLMENT OF 527 STUDENTS. THE COLLEGE ALSO REPORTS A 14:1 STUDENT-FACULTY RATIO AND A 2.83 GPA ON A 4.0 SCALE FOR ALL STUDENTS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1947.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

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