Fayetteville State University National Alumni Association Inc

Analysis

Fayetteville State University National Alumni Association Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in September 1981, 45 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, Fayetteville State University National Alumni Association Inc reported income of $117k and spending of $68k, leaving 42% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $65k to $117k (+82%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fayetteville State University 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 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Camden County Hero Scholarship Fund Inc ($117k), King City High School Mustang Bench Booster Club ($117k) and Mid-Atlantic Quality Assurance Workshop Inc ($117k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.7% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.