University of Canterbury Foundation in America Inc

Analysis

University of Canterbury Foundation in America Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2003, 23 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, University of Canterbury Foundation in America Inc reported income of $210k and spending of $482, leaving 100% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $325k to $210k (-35%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Canterbury Foundation in America Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Grove City Community Library Inc ($210k), Corpus Christi Tennis Association ($210k) and McKinlock Post Foundation ($210k).

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 $243k against liabilities of $0, net assets of $243k.