Friends of Goethe School

Analysis

Friends of Goethe School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Goethe School reported income of $94k and spending of $59k, leaving 38% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $39k to $94k (+139%), an average of +139% a year. The sharpest change came in the year to June 2023, when income rose by 139%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Goethe School sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Sustainability Nexus ($94k), Rbi Club ($94k) and Camp Okoboji LCMS Foundaton Inc ($94k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.