Friends of St Francis Xavier University Inc

Analysis

Friends of St Francis Xavier University Inc is a registered charity in United States, based in Belmont, MA. It received its IRS tax-exemption ruling in June 1964, 62 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 St Francis Xavier University Inc reported income of $161k and spending of $161k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $904k to $161k (-82%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 106% 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 Francis Xavier University Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Ocala Silver Springs Rotary Club Foundation Inc ($161k), Leal Elementary Arts Program Leap ($161k) and Marlboro Alliance ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,368 against liabilities of $0, net assets of $3,368.