Auburn Alumni Association Inc

Analysis

Auburn Alumni Association Inc is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in September 1979, 47 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 September 2023, Auburn Alumni Association Inc reported income of $5.6m and spending of $2.3m, leaving 58% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.4m to $5.6m (+65%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 67%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auburn Alumni Association Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Howard Gardner Multiple Intelligence Charter School ($5.6m), College Association of the State Univ of Ny Agri & Tech Coll at ($5.6m) and Tri-County Technical College Foundation Inc ($5.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $41k (1.7% of expenses). Other salaries and wages came to $408k. At year end it held assets of $16.5m against liabilities of $5.1m, net assets of $11.4m. It reported 76 employees.