Friends of the Arlington Heights

Analysis

Friends of the Arlington Heights is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Arlington Heights reported income of $102k and spending of $155k, spending 152% of what it took in. Across the 2 years on record, from April 2023 to December 2023, income grew from $80k to $102k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Arlington Heights sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Oconnor Panther Booster Club ($102k), Ps130-M Parents Association ($102k) and Aerocareers NFP ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.