The Associate Alumnae of Douglas College

Analysis

The Associate Alumnae of Douglas College is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in September 1942, 84 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, The Associate Alumnae of Douglas College reported income of $986k and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $986k (-30%), an average of -8.6% a year. The sharpest change came in the year to June 2024, when income dropped by 51%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Associate Alumnae of Douglas College sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Teen Challenge of Nevada Inc ($986k), National State Teachers of the Year Inc ($986k) and Friends of Yeshivat Mishkan Shelomo Vener Michael Inc ($986k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $401k (36% of expenses). Other salaries and wages came to $419k. It paid $31k in professional fundraising fees. At year end it held assets of $16.6m against liabilities of $214k, net assets of $16.4m. It reported 9 employees.