Friends of St Michaels NFP

Analysis

Friends of St Michaels NFP is a registered charity in United States, based in Sigel, IL. It received its IRS tax-exemption ruling in April 2018, 8 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, Friends of St Michaels NFP reported income of $51k and spending of $3,842, leaving 93% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $51k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 6.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of St Michaels NFP sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($51k), Cybersonics Technology Team 103 ($51k) and Three Rivers Education Partnership ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $222k against liabilities of $0, net assets of $222k.