Indiana University of Pennsylvania Alumni Association

Analysis

Indiana University of Pennsylvania Alumni Association is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in December 1986, 40 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 June 2023, Indiana University of Pennsylvania Alumni Association reported income of $142k and spending of $176k, spending 124% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $351k to $142k (-60%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 65%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana University of Pennsylvania Alumni Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include Tri City Area United Way ($142k), Benzie Area Historical Society ($142k) and Radical Philanthropies ($142k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% of the total. At year end it held assets of $6.7m against liabilities of $100k, net assets of $6.6m.