Reflections Foundation

Analysis

Reflections Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2016, 10 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 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 2022, Reflections Foundation reported income of $974k and spending of $938k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $272k to $974k (+258%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reflections Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include The Justice Foundation ($974k), Heart of Mercy International Inc ($975k) and Friends of Peb Inc ($973k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $496k. At year end it held assets of $597k against liabilities of $410k, net assets of $188k. It reported 14 employees.