Morgan State University Alumni Association Incorporated

Analysis

Morgan State University Alumni Association Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Morgan State University Alumni Association Incorporated reported income of $273k and spending of $290k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $175k to $273k (+55%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 41%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morgan State University Alumni Association Incorporated sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Oswego Alumni Association Inc ($273k), Literacy Volunteers of Morris County Inc ($273k) and Stanley J Glaser FDN for the Benefi of the Univ of Miami School of Med ($272k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $996k against liabilities of $0, net assets of $996k.