Tufts College Alumni Association Inc

Analysis

Tufts College Alumni Association Inc is a registered charity in United States, based in Medford, MA. It received its IRS tax-exemption ruling in May 1985, 41 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tufts College Alumni Association Inc reported income of $307k and spending of $162k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $243k to $307k (+26%), an average of +6.1% a year. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tufts College Alumni Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Johnson City Symphony Orchestra Inc ($307k), Little League Baseball Inc ($307k) and Habitat for Humanity International Inc ($307k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.