Alfred-Almond Alumni Association

Analysis

Alfred-Almond Alumni Association is a registered charity in United States, based in Alfred, NY. It received its IRS tax-exemption ruling in March 2003, 23 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 March 2024, Alfred-Almond Alumni Association reported income of $118k and spending of $91k, leaving 23% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $113k to $118k (+4.6%), an average of +4.6% a year. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alfred-Almond Alumni Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Walter Woodward Parent Teacher Club ($118k), Freedom Fighter ($118k) and Bloomfield Band and Orchestra Boosters ($118k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 82% and program service revenue 3.7% of the total. At year end it held assets of $527k against liabilities of $0, net assets of $527k.