Old Dominion University Alumni Association Incorporated

Analysis

Old Dominion University Alumni Association Incorporated is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in July 1991, 35 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, Old Dominion University Alumni Association Incorporated reported income of $392k and spending of $392k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $189k to $392k (+107%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Old Dominion University Alumni Association Incorporated sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Whitecaps Baseball Academy ($392k), Greater Oelwein Area Early Childhood Development Center Inc ($392k) and Los Gatos Music Boosters Inc ($392k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 65% of the total. At year end it held assets of $142k against liabilities of $40k, net assets of $102k.