Educational Foundation for Foreign Study a Non-Profit Corp

Analysis

Educational Foundation for Foreign Study a Non-Profit Corp is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Educational Foundation for Foreign Study a Non-Profit Corp reported income of $19.2m and spending of $19.0m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.5m to $19.2m (+3.6%), an average of +0.9% a year. The sharpest change came in the year to September 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Educational Foundation for Foreign Study a Non-Profit Corp sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Mission Without Borders International ($19.1m), Gsma Mobile for Development Foundation Inc ($19.9m) and Global Outreach International Inc ($19.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $539k (2.8% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $3.4m against liabilities of $2.4m, net assets of $1.1m. It reported 174 employees.