Case Alumni Foundation

Analysis

Case Alumni Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Case Alumni Foundation reported income of $5.0m and spending of $4.2m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $5.0m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 164%. Over the whole period it spent 62% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Case Alumni Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Oak Park-River Forest Community Foundation ($5.0m), William H Miner Foundation ($5.0m) and United Way of Northwest Indiana Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $83.1m against liabilities of $1.9m, net assets of $81.2m.