Cuttington University Alumni Association in the Americas Inc

Analysis

Cuttington University Alumni Association in the Americas Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2008, 18 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 July 2024, Cuttington University Alumni Association in the Americas Inc reported income of $100k and spending of $93k, spending 93% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $196k to $100k (-49%), an average of -49% a year. The sharpest change came in the year to July 2024, when income dropped by 49%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cuttington University Alumni Association in the Americas 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 TN. Charities of a similar size with the same main cause include Wings Ministries Freedom Through Transformation ($100k), Miranda and Oscar Labang Education Foundation ($100k) and Worlds Fair Bid Committee Educational Fund ($100k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $310k against liabilities of $0, net assets of $310k.