American Friends of the Norman Foster Foundation

Analysis

American Friends of the Norman Foster Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2018, 8 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 Norman Foster Foundation reported income of $284k and spending of $260k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $279k to $284k (+1.8%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 96% 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 Norman Foster Foundation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Stovall Foundation ($284k), Wycliffe Charities Foundation Inc ($284k) and Wisconsin Masonic Center Foundation Inc ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.