University of Florida Alumni Association Inc

Analysis

University of Florida Alumni Association Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, University of Florida Alumni Association Inc reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $2.9m (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Florida Alumni Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include King County Library System Foundation ($2.9m), Athena Academy Inc ($2.9m) and North Peninsula Jewish Campus ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $266k (9.3% of expenses). Other salaries and wages came to $344k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 29 employees.