The North American Foundation for the University of Durham Inc

Analysis

The North American Foundation for the University of Durham Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 1992, 34 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, The North American Foundation for the University of Durham Inc reported income of $664k and spending of $807k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $664k (-82%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 59%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The North American Foundation for the University of Durham Inc 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 74th percentile, and in the 72nd percentile within CO. Charities of a similar size with the same main cause include Newton High Peak Inc ($664k), Ace Mentor Program of Greater New York Inc ($664k) and Islamic Academy of Riverside ($664k).

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 $371k against liabilities of $0, net assets of $371k.