The Tennessee State University National Alumni Association

Analysis

The Tennessee State University National Alumni Association is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, The Tennessee State University National Alumni Association reported income of $628k and spending of $291k, leaving 54% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $98k to $628k (+538%), an average of +86% a year. The sharpest change came in the year to June 2022, when income rose by 611%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Tennessee State University National Alumni Association sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include South Carolina Technical College System Foundation ($628k), Daytop Preparatory School ($628k) and Association of China and Mongolia International Schools Inc ($628k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 35% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $22k (7.7% of expenses). At year end it held assets of $1.6m against liabilities of $481, net assets of $1.6m. It reported 2 employees.