Sylvia Woods- Josephine Wyatt & Clarice Durham Memorial Foundation

Analysis

Sylvia Woods- Josephine Wyatt & Clarice Durham Memorial Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Sylvia Woods- Josephine Wyatt & Clarice Durham Memorial Foundation reported income of $64k and spending of $94k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $64k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 117% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Sylvia Woods- Josephine Wyatt & Clarice Durham Memorial Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Grandparents for Gun Safety ($64k), Colorado Association of School Resource Officers ($64k) and Black Socialists of America ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.