Field School Foundation

Analysis

Field School Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 July 2023, Field School Foundation reported income of $2.8m and spending of $514, leaving 100% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $1.8m to $2.8m (+58%), an average of +58% a year. The sharpest change came in the year to July 2023, when income rose by 58%. Over the whole period it spent 0.0% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Field School Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Cornerstone Associates Inc ($2.8m), New Mexico Manufacturing Extension Partnership ($2.8m) and West Valley Mission Community College District Foundation ($2.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.