Alumni Association of the Universit of Massachusetts at Boston Inc

Analysis

Alumni Association of the Universit of Massachusetts at Boston Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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, Alumni Association of the Universit of Massachusetts at Boston Inc reported income of $151k and spending of $165k, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $271k to $151k (-44%), an average of -25% a year. The sharpest change came in the year to June 2022, when income dropped by 51%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alumni Association of the Universit of Massachusetts at Boston Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($151k), City2village International Initiative ($151k) and Voice of the Lord Ministries Inc ($151k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $237k against liabilities of $0, net assets of $237k.