Ball State University Alumni Association Inc
Analysis
Ball State University Alumni Association Inc is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in April 2011, 15 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 June 2023, Ball State University Alumni Association Inc reported income of $650k and spending of $490k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $699k to $650k (-6.9%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 79% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ball State University Alumni Association Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Everyblackgirl Inc ($650k), The Midwife Foundation Inc ($650k) and Transportation Professional Certification Board Inc ($650k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 13% of the total. At year end it held assets of $1.5m against liabilities of $154k, net assets of $1.3m.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 13%
- Other 35%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Everyblackgirl Inc | Columbia | $650k |
| The Midwife Foundation Inc | Cambridge | $650k |
| Transportation Professional Certification Board Inc | Washington | $650k |
| Center for Mindful Learning Inc | Lowell | $650k |