Cheyney University of Pennsylvania National Alumni Association

Analysis

Cheyney University of Pennsylvania National Alumni Association is a registered charity in United States, based in Cheyney, PA. It received its IRS tax-exemption ruling in November 2012, 14 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 December 2023, Cheyney University of Pennsylvania National Alumni Association reported income of $212k and spending of $121k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $334k to $212k (-36%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cheyney University of Pennsylvania National Alumni Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Kauai High School Foundation ($212k), Unlv Rebel Football Foundation ($212k) and Little Scholars Academy at Lake Oconee Inc ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $353k against liabilities of $0, net assets of $353k.