Jmu Alumni Association

Analysis

Jmu Alumni Association is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jmu Alumni Association reported income of $231k and spending of $139k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $197k to $231k (+17%), an average of +5.4% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jmu Alumni Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Hampton-Dumont Scholarship Fund ($231k), Whitefish Community School Inc ($231k) and Village Early Learning Center ($231k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 74% of the total. At year end it held assets of $558k against liabilities of $5,057, net assets of $553k.