Fenwick Foundation Inc

Analysis

Fenwick Foundation Inc is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Fenwick Foundation Inc reported income of $1.2m and spending of $1.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.2m (+4.9%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income rose by 569%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fenwick Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($1.2m), Nevada State University Foundation ($1.2m) and Arkansas Aims ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $127k. At year end it held assets of $27.6m against liabilities of $3.3m, net assets of $24.3m.