American Friends of Concordia University

Analysis

American Friends of Concordia University is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2005, 21 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, American Friends of Concordia University reported income of $388k and spending of $336k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $388k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Friends of Concordia University sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Education & Res FNDTN of Better Bus Bureau of Metro Ny Inc ($388k), Capital Lakefair Inc ($388k) and Wallkill Public Library ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.