The National Alumnae Association of Spelman College

Analysis

The National Alumnae Association of Spelman College is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. 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 2024, The National Alumnae Association of Spelman College reported income of $229k and spending of $228k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $173k to $229k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The National Alumnae Association of Spelman College sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Imagine Idaho Foundation ($229k), Mt Edgecumbe Preschool Inc ($229k) and Willow Glen Little League Inc ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 82% of the total. At year end it held assets of $475k against liabilities of $0, net assets of $475k.