Miner Alumni Association

Analysis

Miner Alumni Association is a registered charity in United States, based in Rolla, MO. It received its IRS tax-exemption ruling in July 1976, 50 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 June 2023, Miner Alumni Association reported income of $3.2m and spending of $980k, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.2m (+1.0%), an average of +0.2% a year. The sharpest change came in the year to June 2021, when income rose by 369%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miner Alumni Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Community High School Foundation Inc ($3.2m), Clemson Alumni Association ($3.2m) and Block Club Chicago NFP ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 2.3% of the total. At year end it held assets of $28.7m against liabilities of $2,517, net assets of $28.7m.