University of Louisiana at Monroe Alumni Association
Analysis
University of Louisiana at Monroe Alumni Association is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in April 1970, 56 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 June 2024, University of Louisiana at Monroe Alumni Association reported income of $328k and spending of $170k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $176k to $328k (+86%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 66% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, University of Louisiana at Monroe Alumni Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include Raider Athletic Club Inc ($328k), Affirm Leadership Christian Academy Inc ($328k) and Sioux Center Athletic Boosters Inc ($328k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 27% of the total. At year end it held assets of $1.1m against liabilities of $14k, net assets of $1.1m.
Income and spending
Where the income comes from
- Contributions & grants 36%
- Program services 27%
- Other 37%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Raider Athletic Club Inc | Union | $328k |
| Affirm Leadership Christian Academy Inc | Waukegan | $328k |
| Sioux Center Athletic Boosters Inc | Sioux Center | $328k |
| Summit School Foundation Inc | Jamaica | $328k |