Bennett Alumni Association Inc
Analysis
Bennett Alumni Association Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 2019, 7 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 May 2024, Bennett Alumni Association Inc reported income of $65k and spending of $43k, leaving 33% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $84k to $65k (-22%), an average of -22% a year. The sharpest change came in the year to May 2024, when income dropped by 22%. Over the whole period it spent 69% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Bennett Alumni Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include German School of Fremont ($65k), Fairlawn Country Club Foundation a Non Profit Corporation ($65k) and Emmett Public School Foundation Inc ($65k).
On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 23% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Other 77%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| German School of Fremont | Fremont | $65k |
| Fairlawn Country Club Foundation a Non Profit Corporation | Akron | $65k |
| Emmett Public School Foundation Inc | Meridian | $65k |
| Terrace Park Elementary School PTO | Terrace Park | $65k |