Cleveland State University Alumni Association

Analysis

Cleveland State University Alumni Association is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in June 1960, 66 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Cleveland State University Alumni Association reported income of $137k and spending of $118k, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $179k to $137k (-24%), an average of -6.5% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cleveland State University Alumni Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include McAil Inc ($137k), Little League Baseball Inc ($137k) and Next Step Pregnancy Information Center ($137k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. At year end it held assets of $1.3m against liabilities of $48k, net assets of $1.2m.