West Virginia University Alumni Association Inc

Analysis

West Virginia University Alumni Association Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in October 1978, 48 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 2023, West Virginia University Alumni Association Inc reported income of $2.6m and spending of $2.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $2.6m (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2022, when income rose by 215%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Virginia University Alumni Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WV. Charities of a similar size with the same main cause include Cable Center ($2.6m), Knoxville Jewish Alliance Inc ($2.6m) and Leake Academy Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 74% of the total. At year end it held assets of $18.6m against liabilities of $923k, net assets of $17.7m.