Friends of Wildwood Ib World Magnet School

Analysis

Friends of Wildwood Ib World Magnet School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 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 Wildwood Ib World Magnet School reported income of $88k and spending of $52k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $88k (+29%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Wildwood Ib World Magnet School sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Rotary International ($88k), Cisd Educational Support Groups Inc ($88k) and Cameron I S D Scholarship Foundation Inc ($88k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.