St Cloud State College Alumni Association

Analysis

St Cloud State College Alumni Association is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in February 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Cloud State College Alumni Association reported income of $179k and spending of $192k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $298k to $179k (-40%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 28%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Cloud State College Alumni Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Summerville Nursery School ($179k), Friends of Caritas Academy of the Sacred and Immaculate Hearts Inc ($179k) and Jackson Bronc Backers Inc ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (67% of expenses). Other salaries and wages came to $26k. At year end it held assets of $121k against liabilities of $0, net assets of $121k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.