Alumnae Association of Mount Holyoke College Inc

Analysis

Alumnae Association of Mount Holyoke College Inc is a registered charity in United States, based in South Hadley, MA. It received its IRS tax-exemption ruling in February 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Alumnae Association of Mount Holyoke College Inc reported income of $1.7m and spending of $2.2m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $1.7m (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 47%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumnae Association of Mount Holyoke College Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Chesconet ($1.7m), Montessori Connection NFP ($1.7m) and Executive Leadership Institute ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $10.1m against liabilities of $77k, net assets of $10.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.