Fordham Law Alumni Association Inc

Analysis

Fordham Law Alumni Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Fordham Law Alumni Association Inc reported income of $127k and spending of $168k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $292k to $127k (-57%), an average of -19% a year. The sharpest change came in the year to December 2021, when income dropped by 36%. Over the whole period it spent 133% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fordham Law Alumni Association Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include National Institute of Governmental Purchasing Inc ($126k), Big Island Candies Foundation ($127k) and Start School Later Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.