Castlewood Foundation

Analysis

Castlewood Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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, Castlewood Foundation reported income of $821k and spending of $898k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $808k to $821k (+1.6%), an average of +0.4% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Castlewood Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include World Mission Centre Inc ($821k), The North Texas Crime Commission Inc ($821k) and St Gerard Campus ($821k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $107k (12% of expenses). Other salaries and wages came to $78k. At year end it held assets of $874k against liabilities of $11k, net assets of $862k. It reported 5 employees.