Friends of Mitchell

Analysis

Friends of Mitchell is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 July 2024, Friends of Mitchell reported income of $152k and spending of $115k, leaving 24% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $129k to $152k (+18%), an average of +18% a year. The sharpest change came in the year to July 2024, when income rose by 18%. Over the whole period it spent 60% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Mitchell sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Decibels Charity Corporation ($152k), Mountain Goat Run Foundation Inc ($152k) and Stoney Creek High School Band Boosters ($151k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 115% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.