Friends of Peirce NFP

Analysis

Friends of Peirce NFP 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 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 September 2023, Friends of Peirce NFP reported income of $172k and spending of $124k, leaving 28% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $109k to $172k (+58%), an average of +58% a year. The sharpest change came in the year to September 2023, when income rose by 58%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Peirce NFP sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Pikes Peak Educational Foundation ($172k), Miami Valley League LLC ($172k) and Tree of Life International Education ($172k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.