University of Guadalajara Foundation in the United States of

Analysis

University of Guadalajara Foundation in the United States of is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2009, 17 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, University of Guadalajara Foundation in the United States of reported income of $486k and spending of $1.2m, spending 242% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $486k (-69%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 126%. Over the whole period it spent 156% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, University of Guadalajara Foundation in the United States of sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Security Mutual Life Insurance Company Flood Relief Charitable TR ($486k), Trustees Uw Alida Harper Fowlkes for the Society of the Cincinnati ($487k) and Nathan Yip Foundation ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 330% of the total. Other salaries and wages came to $64k. At year end it held assets of $8.1m against liabilities of $2.1m, net assets of $5.9m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.