Millay Club-Southeast Catholic Bishop Neuman Alumni Assoc

Analysis

Millay Club-Southeast Catholic Bishop Neuman Alumni Assoc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Millay Club-Southeast Catholic Bishop Neuman Alumni Assoc reported income of $287k and spending of $259k, spending 90% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $202k to $287k (+42%), an average of +7.3% a year. The sharpest change came in the year to August 2021, when income rose by 55%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millay Club-Southeast Catholic Bishop Neuman Alumni Assoc 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 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Allen County Scottsville Athletic Boosters Inc ($287k), Wake Forest-Rolesville High School Athletic Boosters Club ($287k) and Livingston Sunrise Rotary Foundation ($287k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 50% and program service revenue 28% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.