Field Ready Inc

Analysis

Field Ready Inc is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Field Ready Inc reported income of $1.1m and spending of $942k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.1m (-11%), an average of -2.7% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Field Ready Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Williamson County Soccer Association ($1.1m), Arrowhead Center Inc ($1.1m) and Montrose Broadcasting Corporation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $541k. At year end it held assets of $443k against liabilities of $238k, net assets of $205k.