The Florida a & M University National Alumni Association Inc

Analysis

The Florida a & M University National Alumni Association Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 1993, 33 years ago. 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 June 2022, The Florida a & M University National Alumni Association Inc reported income of $1.2m and spending of $1.1m, spending 90% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $797k to $1.2m (+55%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Florida a & M University National Alumni Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Visiting Nurse Association of Central Pa Inc ($1.2m), Open Gate Ministries Inc ($1.2m) and Founders Fund Inc ($1.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. At year end it held assets of $3.0m against liabilities of $386k, net assets of $2.6m.