George Mason University Alumni Association

Analysis

George Mason University Alumni Association is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in May 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, George Mason University Alumni Association reported income of $207k and spending of $233k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $220k to $207k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2022, when income rose by 140%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, George Mason University 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 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Carlton Home and School Club ($207k), Falls City Sacred Heart Catholic School Foundation ($207k) and Simply Circus Corp ($207k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 8.3% of the total. At year end it held assets of $727k against liabilities of $0, net assets of $727k.

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.