Friends of the University of Surrey Inc

Analysis

Friends of the University of Surrey Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2004, 22 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 July 2023, Friends of the University of Surrey Inc reported income of $155k and spending of $142k, spending 92% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $454k to $155k (-66%), an average of -30% a year. The sharpest change came in the year to July 2021, when income rose by 80%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the University of Surrey Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Fannin County High School Band Booster Club Inc ($155k), Kimberley L Martin Foundation Inc ($155k) and Cammack Christian Academy Inc ($155k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.