University of Tasmania Foundationusa

Analysis

University of Tasmania Foundationusa is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, University of Tasmania Foundationusa reported income of $570k and spending of $361k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $261k to $570k (+118%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 391%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Tasmania Foundationusa sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Arizona Food & Drug Industry Education Foundation ($570k), East Muskingum Umbrella Boosters ($570k) and Shumei International Institute Inc ($570k).

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 $289k against liabilities of $41, net assets of $289k.