Clemson Alumni Association

Analysis

Clemson Alumni Association is a registered charity in United States, based in Clemson, SC. It received its IRS tax-exemption ruling in December 1958, 68 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Clemson Alumni Association reported income of $3.2m and spending of $3.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clemson Alumni Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Miner Alumni Association ($3.2m), Summit Montessori School ($3.2m) and Community High School Foundation Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $116k (3.7% of expenses). Other salaries and wages came to $335k. At year end it held assets of $16.8m against liabilities of $204k, net assets of $16.6m. It reported 1 employees.