Fort Valley State College National Alumni Association Inc

Analysis

Fort Valley State College National Alumni Association Inc is a registered charity in United States, based in Fort Valley, GA. It received its IRS tax-exemption ruling in June 1970, 56 years ago. 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, Fort Valley State College National Alumni Association Inc reported income of $133k and spending of $70k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $245k to $133k (-46%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Valley State College National Alumni Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Frances M & E Lester Williams Charitable Trust ($133k), Gumbo Collective Inc ($133k) and Waltham Track Club ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $21k. At year end it held assets of $1.0m against liabilities of $50k, net assets of $1000k.