Uniformed Services University Alumni Association Inc

Analysis

Uniformed Services University Alumni Association Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in April 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Uniformed Services University Alumni Association Inc reported income of $113k and spending of $58k, leaving 48% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income fell from $229k to $113k (-51%), an average of -30% a year. The sharpest change came in the year to June 2022, when income dropped by 69%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uniformed Services University Alumni Association Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MD. Charities of a similar size with the same main cause include California Study Inc ($113k), Resolution Run Inc ($113k) and Ironwood Area Scholarship Foundation ($113k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% of the total. Other salaries and wages came to $32k. At year end it held assets of $332k against liabilities of $5,294, net assets of $327k.