American Friends of the University of Calgary Inc

Analysis

American Friends of the University of Calgary Inc is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 the University of Calgary Inc reported income of $282k and spending of $332k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $39k to $282k (+625%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Friends of the University of Calgary Inc 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 61st percentile. Charities of a similar size with the same main cause include Lewis & Clark Foundation ($282k), Ernest H & Helen D Bailey Memorial TR ($282k) and Hamblen County Foundation for Educationalexcellence and ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.