Friends of Bell School

Analysis

Friends of Bell School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1999, 27 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 June 2023, Friends of Bell School reported income of $429k and spending of $522k, spending 122% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $538k to $429k (-20%), an average of -7.2% a year. The sharpest change came in the year to June 2020, when income dropped by 48%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Bell School sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Project Reap ($429k), Davis Parent Nursery School Association ($429k) and Arklink Library Consortium ($429k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $523k against liabilities of $6,128, net assets of $517k.