Friends of Amundsen

Analysis

Friends of Amundsen is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2015, 11 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 Amundsen reported income of $138k and spending of $54k, leaving 61% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $128k to $138k (+7.6%), an average of +7.6% a year. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Amundsen sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Business & Ministry Initiatives LLC ($138k), Devin Lomax Bolkcom Smith Scholarship Fund ($138k) and Pembroke College Foundation Inc ($138k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 14% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.