Foundation for International Understanding Through Students
Analysis
Foundation for International Understanding Through Students is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1950, 76 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 June 2023, Foundation for International Understanding Through Students reported income of $1.3m and spending of $1.5m, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $920k to $1.3m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 104% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation for International Understanding Through Students sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Bayit Brigade ($1.3m), Armenian Relief Society of Eastern USA Inc ($1.3m) and New Vision Foundation ($1.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $90k (6.0% of expenses). Other salaries and wages came to $359k. At year end it held assets of $487k against liabilities of $645k, net assets of -$157k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 70%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bayit Brigade | Chicago | $1.3m |
| Armenian Relief Society of Eastern USA Inc | Watertown | $1.3m |
| New Vision Foundation | Minneapolis | $1.3m |
| International Downtown Association Foundation | Washington | $1.3m |