National Douglass Alumni Corporation

Analysis

National Douglass Alumni Corporation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 1993, 33 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, National Douglass Alumni Corporation reported income of $61k and spending of $71k, spending 116% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $91k to $61k (-32%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Douglass Alumni Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include PTA Delaware Congress ($61k), Overeaters Anonymous San Fernando Valley Intergroup ($61k) and Beyond Housing NHS Community Lending Corporation ($61k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.