Oswego Alumni Association Inc

Analysis

Oswego Alumni Association Inc is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in April 1981, 45 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, Oswego Alumni Association Inc reported income of $273k and spending of $292k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $691k to $273k (-61%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 160%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oswego 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 Stanley J Glaser FDN for the Benefi of the Univ of Miami School of Med ($272k), Morgan State University Alumni Association Incorporated ($273k) and Bakersfield Womens Business Conference ($272k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Other salaries and wages came to $61k. At year end it held assets of $574k against liabilities of $116k, net assets of $458k. It reported 65 employees.