Rutgers Alumni Association

Analysis

Rutgers Alumni Association is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rutgers Alumni Association reported income of $185k and spending of $138k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $87k to $185k (+112%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 75%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rutgers Alumni Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Exhibit Envoy Inc ($185k), Rpo Inc ($185k) and Forest School Foundation ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.3% and program service revenue 12% of the total. At year end it held assets of $3.4m against liabilities of $2,831, net assets of $3.4m.