Virginia Tech Alumni Association

Analysis

Virginia Tech Alumni Association is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in January 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Virginia Tech Alumni Association reported income of $133k and spending of $571k, spending 430% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $251k to $133k (-47%), an average of -15% a year. The sharpest change came in the year to June 2021, when income rose by 323%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Virginia Tech Alumni Association sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Bernville Area Community Library Association ($133k), Hexlabs Inc ($133k) and John Paul II Polish School Inc ($133k).

At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.