Friends of Whitney M Young High School

Analysis

Friends of Whitney M Young High School is a registered charity in United States, based in Chicago, 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 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 June 2023, Friends of Whitney M Young High School reported income of $393k and spending of $334k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $718k to $393k (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Whitney M Young High School sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Community Education Council ($393k), Great River School Foundation ($393k) and Karpenko Institute for Nurturing and Developing Leadership Excellen ($393k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $565k against liabilities of $0, net assets of $565k.