Fleischer Foundation NFP

Analysis

Fleischer Foundation NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Fleischer Foundation NFP reported income of $189k and spending of $127k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $633k to $189k (-70%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fleischer Foundation NFP sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Milton Foundation for Education ($189k), China Evangelical Seminary Association Inc ($189k) and Geauga Local Access Cable Corporation ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $17k (13% of expenses). Other salaries and wages came to $7,240. At year end it held assets of $1.5m against liabilities of $286, net assets of $1.5m. It reported 1 employees.