Worcester Polytechnic Institute Alumni Association

Analysis

Worcester Polytechnic Institute Alumni Association is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in August 1959, 67 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 June 2023, Worcester Polytechnic Institute Alumni Association reported income of $181k and spending of $145k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $181k to $181k (+0.3%), an average of +0.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Worcester Polytechnic Institute Alumni Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Sakamoto Dental Seminars Inc ($181k), Mid-Valley Literacy Center ($181k) and Coolidge Corner PTO ($181k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.