Lund University Foundation

Analysis

Lund University Foundation is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Lund University Foundation reported income of $54k and spending of $64k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $953k to $54k (-94%), an average of -76% a year. The sharpest change came in the year to December 2022, when income dropped by 93%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lund University Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Nevada Community School Foundation ($54k), St Bernards Academy Foundation ($54k) and Juniata Elementary Parent Teacher Organization ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.