State University of New York at Binghamton Alumni Association Inc

Analysis

State University of New York at Binghamton Alumni Association Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in December 1965, 61 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 2024, State University of New York at Binghamton Alumni Association Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $874k to $1.1m (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, State University of New York at Binghamton Alumni Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Covenant Academy Florida Inc ($1.1m), World Basc Organization Inc ($1.1m) and California Preparatory College Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 63% of the total. Other salaries and wages came to $243k. At year end it held assets of $1.3m against liabilities of $581k, net assets of $676k.