Friends of Kings College London Association Inc

Analysis

Friends of Kings College London Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1985, 41 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, Friends of Kings College London Association Inc reported income of $7.3m and spending of $7.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $7.3m (+388%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 398%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Kings College London Association Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Shelter for Life International Inc ($7.3m), Himalayan Cataract Project Inc ($7.3m) and Amazi Water ($7.3m).

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 $611k against liabilities of $0, net assets of $611k.