University of Massachusetts at Amherst Alumni Association Inc

Analysis

University of Massachusetts at Amherst Alumni Association Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Massachusetts at Amherst Alumni Association Inc reported income of $498k and spending of $679k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $498k (-57%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 54%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Massachusetts at Amherst Alumni Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include The Vine International Ministries of Orlando Inc ($498k), Type One Inc ($498k) and Southern Cayuga Instant Aid Inc ($498k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 13% of the total. At year end it held assets of $7.0m against liabilities of $110k, net assets of $6.9m.