International Foundation for SKK University Inc

Analysis

International Foundation for SKK University Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2001, 25 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, International Foundation for SKK University Inc reported income of $81k and spending of $100k, spending 123% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $142k to $81k (-43%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Foundation for SKK University Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Cornell Club of Los Angeles ($81k), Spoede School Association ($81k) and Ole ($81k).

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 $16k against liabilities of $0, net assets of $16k.