University of Strathclyde USA Foundation

Analysis

University of Strathclyde USA Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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 Strathclyde USA Foundation reported income of $614k and spending of $391k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $614k (+88%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 330%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Strathclyde USA Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include St Michael Center for Spiritual Renewal Inc ($613k), Croatian Scholarship Fund ($614k) and United Special Sportsman Alliance ($613k).

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 $300k against liabilities of $0, net assets of $300k.