Friends of the University of the Philippines Foundation in America

Analysis

Friends of the University of the Philippines Foundation in America is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in October 2022, 4 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 2024, Friends of the University of the Philippines Foundation in America reported income of $280k and spending of $205k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $204k to $280k (+37%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 135%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of the University of the Philippines Foundation in America sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Hopefound Inc ($280k), The 1990 Institute ($281k) and Institute for International Cooperation & Development Michigan ($280k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.