University of Karachi Alumni Assn of Balt Wa Metro Area Inc

Analysis

University of Karachi Alumni Assn of Balt Wa Metro Area Inc is a registered charity in United States, based in Greenbelt, MD. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, University of Karachi Alumni Assn of Balt Wa Metro Area Inc reported income of $518k and spending of $479k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $518k (+190%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Karachi Alumni Assn of Balt Wa Metro Area Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Chung Yuan Christian University Development Foundation-North Ameri ($518k), Arts & Letters 305 United Parents & Teachers Association Inc ($518k) and My Weekday School Inc ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.