Alumni Association of the State University of New York at Stony BR

Analysis

Alumni Association of the State University of New York at Stony BR is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in September 1975, 51 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, Alumni Association of the State University of New York at Stony BR reported income of $258k and spending of $255k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $365k to $258k (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2020, when income dropped by 29%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumni Association of the State University of New York at Stony BR sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Westbrook Nature Preschool ($258k), Edenwald Scholarship Fund Inc ($258k) and MNHS Band Boosters ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 11% of the total. At year end it held assets of $750k against liabilities of $88k, net assets of $662k.