Universty College London Friends and Alumni Association Inc

Analysis

Universty College London Friends and Alumni Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1992, 34 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, Universty College London Friends and Alumni Association Inc reported income of $1.7m and spending of $2.3m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $1.7m (-47%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Universty College London Friends and Alumni Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Solid Rock Missions ($1.7m), American Friends of Merkaz Chasidei Viznitz Inc ($1.7m) and American Friends of Achy ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $12.8m against liabilities of $148k, net assets of $12.6m.