Friends of Simon Fraser University

Analysis

Friends of Simon Fraser University is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in June 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Simon Fraser University reported income of $159k and spending of $288k, spending 181% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $620k to $159k (-74%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Simon Fraser University sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include PTA Florida Congress ($159k), Little League Baseball Inc ($159k) and Nellis Support Team ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,051 against liabilities of $0, net assets of $2,051.