Iberoamericana University Foundation

Analysis

Iberoamericana University Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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, Iberoamericana University Foundation reported income of $126k and spending of $130k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $126k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iberoamericana University Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Jenison Christian School Education ($126k), Nathan & Fannye Shafran Foundation ($126k) and New Jersey Ffa Foundation Inc ($126k).

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 $34k against liabilities of $0, net assets of $34k.