Girard College Alumni Association
Analysis
Girard College Alumni Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1998, 28 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, Girard College Alumni Association reported income of $268k and spending of $380k, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $424k to $268k (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Girard College Alumni Association 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 PA. Charities of a similar size with the same main cause include New Life with Education ($268k), Germantown Community Scholarship Fund Inc ($268k) and The Loughlin Foundation ($268k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% of the total. Compensation of current officers, directors and key employees was $58k (15% of expenses). At year end it held assets of $4.9m against liabilities of $5,849, net assets of $4.9m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Other 78%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Life with Education | Mission | $268k |
| Germantown Community Scholarship Fund Inc | Germantown | $268k |
| The Loughlin Foundation | Brooklyn | $268k |
| American Friends of Heriot-Watt University | New York | $268k |