Fred Says

Analysis

Fred Says is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2013, 13 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fred Says reported income of $500k and spending of $324k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $530k to $500k (-5.7%), an average of -5.7% a year. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fred Says sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Pillsbury Winthrop Shaw Pittman Foundation ($500k), Priester Foundation ($500k) and Baldwin Electric Membership Charitable Foundation Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $932k against liabilities of $0, net assets of $932k.