Universidad Simon Boliver Alumni Association of America Inc

Analysis

Universidad Simon Boliver Alumni Association of America Inc is a registered charity in United States, based in Waltham, MA. It received its IRS tax-exemption ruling in February 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 December 2023, Universidad Simon Boliver Alumni Association of America Inc reported income of $233k and spending of $246k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $472k to $233k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Universidad Simon Boliver Alumni Association of America Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Pioneer Place IV Inc ($233k), California Academy for Economic Development ($233k) and Scte Foundation Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $13k (5.2% of expenses). Other salaries and wages came to $110k. At year end it held assets of $277k against liabilities of $0, net assets of $277k.