Fudan University Education Development Foundation

Analysis

Fudan University Education Development Foundation is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Fudan University Education Development Foundation reported income of $2.5m and spending of $893k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.5m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fudan University Education Development Foundation 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 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Westhampton Day School ($2.5m), Oak Tree Foundation Inc ($2.5m) and International Education Research Foundation ($2.5m).

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 $38.0m against liabilities of $0, net assets of $38.0m.