Fiel Trip Foundation

Analysis

Fiel Trip Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2019, 7 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, Fiel Trip Foundation reported income of $152k and spending of $154k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $152k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fiel Trip Foundation sits at the 49th percentile: it is larger than about 49% 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 Impact Internships Inc ($152k), Green Schools Inc ($152k) and Eastland Centennial Memorial Library of Eastland Texas Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $589k against liabilities of $495k, net assets of $95k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.