Illinois colleges and universities

There are 103 colleges, universities, and technical schools in Illinois. Combined, these Illinoisancolleges and universities employ 134,293 people, earn more than $13 billion in revenue each year, and have assets of $42 billion.

Types of colleges and universities in Illinois

Nonprofit typeNumberRevenues
 
103
 
$12,893,535,686
 
40
 
$11,815,615,584
 
30
 
$1,034,977,897
 
8
 
$34,784,608
Showing 4 of 4 categories

Colleges and universities by major Illinois cities

Metro areaNonprofitsRevenues
 
69
 
$11,697,859,639
 
4
 
$122,697,443
 
4
 
$247,227,852
 
3
 
$251,179,537
 
3
 
$44,063
 
2
 
$350,000
 
2
 
$37,742,717
 
2
 
$3,373,519
 
2
 
$3,487,596
 
2
 
$74,052,550
Showing 10 of 12 metros

Job trends for Illinois colleges and universities

Employees per organizationNumber of organizations
0
 
6
1-10
 
4
11-25
 
4
26-100
 
2
101 to 1,000
 
18
1,000+
 
30
Key takeaways for employment stats:

Sizes of colleges and universities in Illinois

Revenues per organizationNumber of organizations
< $250k
 
16
$250k to $1M
 
2
$1M to $5M
 
6
$5M to $25M
 
9
$25M to $100M
 
19
$100M+
 
21
Key takeaways for revenue stats:

Directory of colleges and universities in Illinois


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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990 or 990PF with the IRS. We exclude Form 990EZ and Postcard filers, which are high in number but very small in size. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "B40: Higher Education Institutions" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.