Always Giving Back Foundation

Analysis

Always Giving Back Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Always Giving Back Foundation reported income of $289k and spending of $271k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $288k to $289k (+0.4%), an average of +0.2% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Always Giving Back Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Patriot Pioneers Booster Club Inc ($289k), Engineers Foundation of Ohio ($289k) and Ashland Schools Foundation ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $2,550 (0.9% of expenses). Other salaries and wages came to $167k. At year end it held assets of $52k against liabilities of $25k, net assets of $27k. It reported 26 employees.