University of Benin Alumniassociation North America Inc

Analysis

University of Benin Alumniassociation North America Inc is a registered charity in United States, based in Haymarket, VA. It received its IRS tax-exemption ruling in December 2013, 13 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 2023, University of Benin Alumniassociation North America Inc reported income of $101k and spending of $92k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $22k to $101k (+364%), an average of +364% a year. The sharpest change came in the year to June 2023, when income rose by 364%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Benin Alumniassociation North America Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within VA. Charities of a similar size with the same main cause include Florida Association of Science Teachers ($101k), United States Court of Federal Claims Bar Association ($101k) and Washington County Charitable Foundation Inc ($101k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.