Webb Alumni Association Inc

Analysis

Webb Alumni Association Inc is a registered charity in United States, based in Trezevant, TN. It received its IRS tax-exemption ruling in June 2004, 22 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 August 2023, Webb Alumni Association Inc reported income of $63k and spending of $68k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $56k to $63k (+12%), an average of +2.9% a year. The sharpest change came in the year to August 2022, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Webb Alumni Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Ulysses Library Association ($63k), Paulding County High School Band Boosters Inc ($63k) and Limon Education Foundation ($63k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 28% and program service revenue 21% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.