Foundation for Educational Exchange Between Canada & the U S a

Analysis

Foundation for Educational Exchange Between Canada & the U S a is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in February 1992, 34 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).

In the financial year ending August 2023, Foundation for Educational Exchange Between Canada & the U S a reported income of $4.1m and spending of $4.3m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.4m to $4.1m (+21%), an average of +4.9% a year. The sharpest change came in the year to August 2022, when income rose by 67%. Over the whole period it spent 98% 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 Educational Exchange Between Canada & the U S a sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile. Charities of a similar size with the same main cause include Partners in Food Solutions ($4.1m), Revived Soldiers Ukraine ($4.1m) and The 1890 Universities Foundation ($4.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $330k (7.8% of expenses). Other salaries and wages came to $600k. At year end it held assets of $12.5m against liabilities of $1.6m, net assets of $10.9m.