College of Charleston Alumni Association Inc

Analysis

College of Charleston Alumni Association Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in December 1968, 58 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 2023, College of Charleston Alumni Association Inc reported income of $747k and spending of $863k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $765k to $747k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 229%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College of Charleston Alumni Association Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within SC. Charities of a similar size with the same main cause include Cutting Edge Curriculum Inc ($747k), Kol Hanearim of Monsey Inc ($747k) and Project Teacher Inc ($747k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $4,807 (0.6% of expenses). At year end it held assets of $526k against liabilities of $19k, net assets of $507k.