American Foundation for University of the West Indies Inc

Analysis

American Foundation for University of the West Indies Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1961, 65 years ago. 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 July 2023, American Foundation for University of the West Indies Inc reported income of $742k and spending of $721k, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $316k to $742k (+135%), an average of +24% a year. The sharpest change came in the year to July 2020, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Foundation for University of the West Indies Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Mid-Cities Care Corps ($742k), Severson Dells Educational Foundation ($742k) and Wellspring ($742k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $101k (14% of expenses). Other salaries and wages came to $49k. At year end it held assets of $460k against liabilities of $364k, net assets of $96k. It reported 2 employees.