Slippery Rock University Alumni Assoc

Analysis

Slippery Rock University Alumni Assoc is a registered charity in United States, based in Slippery Rock, PA. It received its IRS tax-exemption ruling in January 1972, 54 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, Slippery Rock University Alumni Assoc reported income of $243k and spending of $165k, leaving 32% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $249k to $243k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Slippery Rock University Alumni Assoc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include The Learning Instinct Inc ($243k), Wegoja Foundation ($243k) and Belleview High School Athletic Boosters Inc ($243k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 26% of the total. At year end it held assets of $4.3m against liabilities of $25k, net assets of $4.2m.