University of Kentucky Alumni Association Inc

Analysis

University of Kentucky Alumni Association Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Kentucky Alumni Association Inc reported income of $3.7m and spending of $3.7m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $3.7m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Kentucky Alumni Association Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Miami Childrens Museum Charter School Inc ($3.7m), Foundation for the Los Angeles Community Colleges ($3.7m) and Undergraduate Student Government at Stonybrook University ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 5.8% of the total. At year end it held assets of $27.2m against liabilities of $1.2m, net assets of $26.0m.