The University of South Alabama National Alumni Association Inc

Analysis

The University of South Alabama National Alumni Association Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 1983, 43 years ago. 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, The University of South Alabama National Alumni Association Inc reported income of $470k and spending of $427k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $470k (-60%), an average of -21% a year. The sharpest change came in the year to September 2022, when income dropped by 48%. Over the whole period it spent 192% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The University of South Alabama National Alumni Association Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Composting Council Research and ($470k), Eagle Ops Foundation ($470k) and Flushing Day Care Center Inc ($470k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 52% and program service revenue 20% of the total. At year end it held assets of $2.1m against liabilities of $1.6m, net assets of $441k.