Mater Dei Friends and Alumni Association Inc

Analysis

Mater Dei Friends and Alumni Association Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in September 2016, 10 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 August 2023, Mater Dei Friends and Alumni Association Inc reported income of $63k and spending of $69k, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $80k to $63k (-22%), an average of -6.0% a year. The sharpest change came in the year to August 2023, when income dropped by 57%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mater Dei Friends and Alumni Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within IN. Charities of a similar size with the same main cause include Auburndale Senior High School Band Patrons ($63k), Platte County Food Pantry Inc ($63k) and Bulgarian Education Center Co ($63k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $908k against liabilities of $0, net assets of $908k.