University of the Southern Caribbean Alumni Assn Na Inc

Analysis

University of the Southern Caribbean Alumni Assn Na Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2024, University of the Southern Caribbean Alumni Assn Na Inc reported income of $63k and spending of $41k, leaving 34% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income fell from $86k to $63k (-27%), an average of -27% a year. The sharpest change came in the year to April 2024, when income dropped by 27%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, University of the Southern Caribbean Alumni Assn Na Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within MD. Charities of a similar size with the same main cause include Mission Helping Hands Corp ($63k), Rotary Club of Birmingham-Sunrise Foundation ($63k) and Lions Club of Lago Vista Charitable Fund Inc ($63k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 67% of the total. At year end it held assets of $483k against liabilities of $0, net assets of $483k.