Bowie Alumni Association

Analysis

Bowie Alumni Association is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in January 1991, 35 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, Bowie Alumni Association reported income of $99k and spending of $73k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $117k to $99k (-16%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bowie Alumni Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Cisd Educational Support Groups Inc ($99k), New York State Perinatal Association Inc ($99k) and Paris Recreational Endowment Trust ($99k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $210k against liabilities of $0, net assets of $210k.