Hamburg Alumni Foundation

Analysis

Hamburg Alumni Foundation is a registered charity in United States, based in Hamburg, NY. It received its IRS tax-exemption ruling in March 2002, 24 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, Hamburg Alumni Foundation reported income of $79k and spending of $57k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $91k to $79k (-14%), an average of -4.9% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 196% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hamburg Alumni Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Student Enriched Education-Oregon ($79k), Parent Booster USA Inc ($79k) and Lancaster Golden Gales Touchdown Club ($79k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $459k against liabilities of $7,900, net assets of $451k.