Meharry Alumni Association

Analysis

Meharry Alumni Association is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 1987, 39 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 2024, Meharry Alumni Association reported income of $230k and spending of $229k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $259k to $230k (-11%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income rose by 154%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meharry Alumni Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Albuquerque Public Library Foundation Inc ($230k), The Partnership for Excellence ($230k) and Moanalua High School Music Boosters Association ($230k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.