Alumni Association of University of Mary Washington

Analysis

Alumni Association of University of Mary Washington is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in August 1963, 63 years ago. 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, Alumni Association of University of Mary Washington reported income of $371k and spending of $333k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $271k to $371k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alumni Association of University of Mary Washington sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Little League Golden Hill ($371k), Yellowstone Western Heritage Center Foundation ($371k) and Gospa Missions ($371k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 15% of the total. At year end it held assets of $77k against liabilities of $10, net assets of $77k.