Association of Alumni and Friends of Dayalbagh Educational Institute

Analysis

Association of Alumni and Friends of Dayalbagh Educational Institute is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of Alumni and Friends of Dayalbagh Educational Institute reported income of $274k and spending of $129k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $274k (+575%), an average of +61% a year. The sharpest change came in the year to December 2020, when income rose by 146%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Alumni and Friends of Dayalbagh Educational Institute sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Center for Pharmaceutical Cleaning Innovation Corp ($274k), Machine Tool Technologies Research Foundation ($274k) and American Friends of Kolel Tiferes Yisroel ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.