University of Aberdeen Foundation Inc

Analysis

University of Aberdeen Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1996, 30 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, University of Aberdeen Foundation Inc reported income of $820k and spending of $42k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $820k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2021, when income rose by 696%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Aberdeen Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Linly Heflin Unit ($819k), Graham Community Foundation ($820k) and Florida West Coast Operating Engineers Apprenticeship Trust Fun ($819k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $852k against liabilities of $0, net assets of $852k.