Alumni Association of Winthrop University

Analysis

Alumni Association of Winthrop University is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in October 1966, 60 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 December 2022, Alumni Association of Winthrop University reported income of $111k and spending of $126k, spending 113% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income fell from $332k to $111k (-67%), an average of -42% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumni Association of Winthrop University sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Student Connection ($111k), Bellbrook Music Boosters ($111k) and Katonah Elementary School Parent Teacher Organization ($111k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $2,834. At year end it held assets of $791k against liabilities of $0, net assets of $791k.