Friends of the University of Sussex

Analysis

Friends of the University of Sussex is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 the University of Sussex reported income of $3.8m and spending of $3.4m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $903k to $3.8m (+324%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 248%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of the University of Sussex sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Jerusalem University College ($3.8m), American Friends of Alyn Hospital Inc ($3.8m) and Firelight Foundation ($3.8m).

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 $619k against liabilities of $0, net assets of $619k.