Gyrls in the H O O D Foundation

Analysis

Gyrls in the H O O D Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gyrls in the H O O D Foundation reported income of $294k and spending of $478k, spending 163% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $561k to $294k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gyrls in the H O O D Foundation sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Florida Association of State and Federal Educational Program ($294k), Bismarck Library Foundation Inc ($294k) and Zionsville Band Boosters Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $189k against liabilities of -$2,500, net assets of $191k.