Friends of the Queens University of Belfast Inc

Analysis

Friends of the Queens University of Belfast Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Queens University of Belfast Inc reported income of $1.1m and spending of $890k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $75k to $1.1m (+1361%), an average of +144% a year. The sharpest change came in the year to December 2021, when income rose by 482%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Queens University of Belfast Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 56th percentile within DC. Charities of a similar size with the same main cause include Caltech Y ($1.1m), Smyth County Public Library ($1.1m) and Calvary Online School ($1.1m).

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 $214k against liabilities of $3,550, net assets of $211k.