Xiamen University Education Foundation of North America

Analysis

Xiamen University Education Foundation of North America is a registered charity in United States, based in Cupertino, CA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Xiamen University Education Foundation of North America reported income of $297k and spending of $160k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $65k to $297k (+356%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 413%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Xiamen University Education Foundation of North America sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Rotary Club of Schaumburg-Hoffman Estates Charitable Foundation Inc ($297k), Skyline High School Booster Club ($297k) and Pencils for Kids Inc ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $5.3m against liabilities of $142k, net assets of $5.1m.