Friends of Cwla

Analysis

Friends of Cwla is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Friends of Cwla reported income of $60k and spending of $42k, leaving 30% of income unspent that year. Across the 3 years on record, from August 2022 to August 2024, income fell from $78k to $60k (-22%), an average of -12% a year. The sharpest change came in the year to August 2023, when income dropped by 21%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Cwla sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Colorado Wind Ensemble Inc ($60k), Columbia Basin Hospital Foundation ($60k) and Association of Fundraising Professionals ($60k).

At year end it held assets of $116k against liabilities of $0, net assets of $116k.