University of the Bahamas US Foundation Inc

Analysis

University of the Bahamas US Foundation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in January 2020, 6 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 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 2022, University of the Bahamas US Foundation Inc reported income of $449k and spending of $431k, spending 96% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $539k to $449k (-17%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 90% 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 the Bahamas US Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Humanity Rises Inc ($449k), Joseph Assignment Global Initiative ($449k) and Mwangaza International ($449k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.