American Friends of New College Ltd

Analysis

American Friends of New College Ltd is a registered charity in United States, based in Malvern, PA. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, American Friends of New College Ltd reported income of $622k and spending of $747k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $475k to $622k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Friends of New College Ltd 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 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Atma Connect ($621k), Give Chances Inc ($622k) and Healing Together ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $625k against liabilities of $0, net assets of $625k.