Friends of Unit 4

Analysis

Friends of Unit 4 is a registered charity in United States, based in Mendon, IL. It received its IRS tax-exemption ruling in December 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 (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 Unit 4 reported income of $54k and spending of $63k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $54k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Unit 4 sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Hillsboro Isd Education Foundation ($54k), Charleston Parent-Teacher Club ($54k) and Weatherford Band Fan Club Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.