Brown Alumni Association

Analysis

Brown Alumni Association is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in May 1986, 40 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, Brown Alumni Association reported income of $348k and spending of $269k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $587k to $348k (-41%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 35%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brown Alumni Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within RI. Charities of a similar size with the same main cause include Colegio de LA Inmaculada Concepcion ($348k), Wythe County Public Schools Foundation for Excellence Inc ($348k) and Oaktown Jazz Workshop ($348k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $1.4m against liabilities of $63k, net assets of $1.4m.