Grambling University National Alumni Association

Analysis

Grambling University National Alumni Association is a registered charity in United States, based in Grambling, LA. It received its IRS tax-exemption ruling in September 1969, 57 years ago. 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 December 2023, Grambling University National Alumni Association reported income of $233k and spending of $125k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $233k (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grambling University 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 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Jatc Insulation Contractors Assoc Heat & Frost Insulators Local 50 ($233k), Donora Public Library Association ($233k) and Corvallis-Benton County Council of Religious Organizations Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $650k against liabilities of $0, net assets of $650k.