Ub Alumni Association Inc

Analysis

Ub Alumni Association Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in January 1999, 27 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 June 2024, Ub Alumni Association Inc reported income of $270k and spending of $177k, leaving 34% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $199k to $270k (+36%), an average of +6.3% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ub Alumni Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Government Finance Officers Association of Pennsylvania ($270k), Arizona Technical Testing Institute ($270k) and Education Rocks Inc ($270k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 72% of the total. At year end it held assets of $455k against liabilities of $225k, net assets of $230k.