Friends Of@skinner West

Analysis

Friends Of@skinner West is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 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, Friends Of@skinner West reported income of $78k and spending of $67k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $78k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends Of@skinner West sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Mendenhall-Tyson Scholarship Foundation ($78k), Barr-Reeve Scholarship Foundation ($78k) and Sunset Apollo Baseball Club ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.