Australian Universities & Schools USA Foundation Inc

Analysis

Australian Universities & Schools USA Foundation Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 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, Australian Universities & Schools USA Foundation Inc reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.2m (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Australian Universities & Schools USA Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Rochester Msa Building Company ($1.2m), Judd Hill Foundation ($1.2m) and Center for Architecture ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $40k (3.5% of expenses). At year end it held assets of $460k against liabilities of $160k, net assets of $300k.