Bridgewater Alumni Association of Bridgewater State College

Analysis

Bridgewater Alumni Association of Bridgewater State College is a registered charity in United States, based in Bridgewater, MA. It received its IRS tax-exemption ruling in May 1960, 66 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bridgewater Alumni Association of Bridgewater State College reported income of $144k and spending of $234k, spending 162% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $703k to $144k (-80%), an average of -33% a year. The sharpest change came in the year to June 2020, when income dropped by 82%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridgewater Alumni Association of Bridgewater State College sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Blossburg Memorial Library ($144k), Virginia Nurses Foundation Inc ($144k) and Tex Users Group ($144k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $6.7m against liabilities of $21k, net assets of $6.6m.