Chicago Friends School

Analysis

Chicago Friends School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chicago Friends School reported income of $559k and spending of $612k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $457k to $559k (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Friends School sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Partnerships for Authentic Learning and Leadership ($559k), 21st Century Global Missions ($559k) and Movement Brave Entrepreneur ($559k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $279k. At year end it held assets of $304k against liabilities of $157k, net assets of $147k. It reported 9 employees.