American Alumni of Glasgow University Inc

Analysis

American Alumni of Glasgow University Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 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 December 2023, American Alumni of Glasgow University Inc reported income of $1.6m and spending of $1.3m, leaving 21% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $441k to $1.6m (+261%), an average of +29% a year. The sharpest change came in the year to December 2019, when income rose by 387%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Alumni of Glasgow University Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include Rambam Day School Inc ($1.6m), Childrens Alliance Resource Network Inc ($1.6m) and Haven Montessori Childrens House Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $624k against liabilities of $0, net assets of $624k.