Friends of Massey University

Analysis

Friends of Massey University is a registered charity in United States, based in Washington, DC. 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 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, Friends of Massey University reported income of $381k and spending of $390k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $315k to $381k (+21%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Massey University sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include South Butler Community Library ($381k), National Maritime Heritage Foundation Inc ($381k) and Academic Achievement Tutoring Non Profit Inc ($381k).

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 $1,987 against liabilities of $0, net assets of $1,987.