Georgetown University Alumni Association Inc

Analysis

Georgetown University Alumni Association Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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, Georgetown University Alumni Association Inc reported income of $528k and spending of $580k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $631k to $528k (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income rose by 108%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Georgetown University Alumni Association Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 44th percentile within DC. Charities of a similar size with the same main cause include Texas Legislative Black Caucus Research & Education Alliance Fund ($528k), Billings Studio Theatre Inc ($528k) and Allen Eiry Senior Center Inc ($528k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% of the total. At year end it held assets of $6.3m against liabilities of $206k, net assets of $6.1m.