University of Richmond Alumni Association Inc

Analysis

University of Richmond Alumni Association Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 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 (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 2024, University of Richmond Alumni Association Inc reported income of $177k and spending of $176k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $179k to $177k (-1.2%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 227%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Richmond Alumni Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Corinth Education Foundation ($176k), Lectica Inc ($177k) and Women Divers Hall of Fame Inc ($176k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $633k against liabilities of $0, net assets of $633k.