Sears Alumnae Foundation

Analysis

Sears Alumnae Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sears Alumnae Foundation reported income of $141k and spending of $89k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $141k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 321%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sears Alumnae Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Old Timers Athletic Association of Greenwich Connecticut Inc ($141k), Longwood Special Education Parent Teacher Organization ($141k) and Crossroads Educators Inc ($141k).

Compensation of current officers, directors and key employees was $24k (27% of expenses). At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.