German Club Alumni Foundation Incorporated

Analysis

German Club Alumni Foundation Incorporated is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in August 1978, 48 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, German Club Alumni Foundation Incorporated reported income of $502k and spending of $661k, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $568k to $502k (-12%), an average of -3.0% a year. The sharpest change came in the year to June 2022, when income rose by 116%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, German Club Alumni Foundation Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Folds of Honor Foundation ($502k), Wisconsin Alliance for Excellent Schools Inc ($502k) and Angels Care Learning Center ($502k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $73k (11% of expenses). At year end it held assets of $8.2m against liabilities of $352k, net assets of $7.8m. It reported 2 employees.