Fu Jen University Foundation

Analysis

Fu Jen University Foundation is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in August 2001, 25 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, Fu Jen University Foundation reported income of $1.6m and spending of $1.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 129% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fu Jen University Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Ronald McDonald House Charities Inc ($1.6m), Good Projects ($1.6m) and The Foundation at Fcoe ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $6.5m against liabilities of $36k, net assets of $6.4m.