University of Guam Endowment Foundation Inc

Analysis

University of Guam Endowment Foundation Inc is a registered charity in United States, based in Mangilao, GU. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, University of Guam Endowment Foundation Inc reported income of $2.6m and spending of $1.5m, leaving 43% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $106k to $2.6m (+2345%), an average of +90% a year. The sharpest change came in the year to December 2019, when income rose by 3753%. Over the whole period it spent 44% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, University of Guam Endowment Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 98th percentile within GU. Charities of a similar size with the same main cause include Rule of Law Foundation III Inc ($2.6m), International Children Assistance Network Inc ($2.6m) and Egypt Cancer Network 57357 and Afnci Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $305k. At year end it held assets of $28.0m against liabilities of $2.7m, net assets of $25.3m.