American Fund for the Southbank Centre Inc

Analysis

American Fund for the Southbank Centre Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1990, 36 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 March 2024, American Fund for the Southbank Centre Inc reported income of $245k and spending of $236k, spending 96% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $98k to $245k (+150%), an average of +150% a year. The sharpest change came in the year to March 2024, when income rose by 150%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, American Fund for the Southbank Centre Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Ends of the Earth Ministries Inc ($245k), Sudan Transparency and Policy Tracker ($245k) and Dark Bali ($244k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $181k against liabilities of $25k, net assets of $156k.