Msu Black Alumni Inc

Analysis

Msu Black Alumni Inc is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Msu Black Alumni Inc reported income of $95k and spending of $56k, leaving 41% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $54k to $95k (+78%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Msu Black Alumni Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Asian American Government Executives Network ($95k), Cape Cod Lighthouse Charter School Inc ($95k) and Aaa Chess Club ($95k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.