Friends of Uncle Mike Inc

Analysis

Friends of Uncle Mike Inc is a registered charity in United States, based in Evergreen PK, IL. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Uncle Mike Inc reported income of $106k and spending of $174k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $106k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of Uncle Mike Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Ottawa County Community Foundation Inc ($106k), Friends of Mount Moriah Cemetery Inc ($106k) and David Serlo Hardship Foundation Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 169% of the total. At year end it held assets of $416k against liabilities of $0, net assets of $416k.