Titusville Alumni Association

Analysis

Titusville Alumni Association is a registered charity in United States, based in Titusville, PA. It received its IRS tax-exemption ruling in September 1998, 28 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 December 2023, Titusville Alumni Association reported income of $92k and spending of $87k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $171k to $92k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Titusville Alumni Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Travel and Meeting Standards Society ($92k), The Montesano Boosters Association ($92k) and Tabernacle Ministries Academy Inc ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (28% of expenses). At year end it held assets of $1.2m against liabilities of $426, net assets of $1.2m. It reported 1 employees.