California Aggie Alumni Association

Analysis

California Aggie Alumni Association is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, California Aggie Alumni Association reported income of $1.9m and spending of $2.3m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.9m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Aggie Alumni Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Teachunited ($1.9m), Believers Academy Inc ($1.9m) and Reach Education Fund ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 93% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $7.5m against liabilities of $2.2m, net assets of $5.2m. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.