Illinois Audit Requirements:

  • Audit Report (total support & revenue more than $300,000)
  • Audit threshold is $25,000 for charitable organizations who use the services
  • of a paid professional fundraiser

More Information Regarding Audit requirements:

Effective January 1, 2010 the audit threshold for charitable organizations whose fund-raising functions are carried on solely by staff and volunteers will be raised from $150,000 to $300,000. (225 ILCS 460/4)  The new $300,000 audit threshold applies to annual reports that are due (without considering any extension granted) after the January 1, 2010 effective date of the amendment. The audit threshold of $25,000 for charitable organizations who use the services of a paid professional fundraiser has not been changed. (225 ILCS 460/4)

Illinois Attorney General

Illinois Registered Charities