Field School

Analysis

Field School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2016, 10 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 July 2023, Field School reported income of $6.6m and spending of $5.9m, spending 90% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $3.3m to $6.6m (+97%), an average of +40% a year. The sharpest change came in the year to July 2023, when income rose by 118%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Field School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Cristo Rey New York High School ($6.6m), Coastal Christian School ($6.6m) and Community Day School Association ($6.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $80k (1.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $6.1m against liabilities of $3.6m, net assets of $2.5m. It reported 55 employees.