Auburn Alumni Engineering Council

Analysis

Auburn Alumni Engineering Council is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in May 1976, 50 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 April 2024, Auburn Alumni Engineering Council reported income of $65k and spending of $87k, spending 134% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $71k to $65k (-8.0%), an average of -1.7% a year. The sharpest change came in the year to April 2023, when income rose by 46%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Auburn Alumni Engineering Council sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within AL. Charities of a similar size with the same main cause include PTA New York Congress ($65k), Association of Notre Dame Clubs Inc ($65k) and Southeast Texas Hospice Foundation Inc ($65k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $449k against liabilities of $0, net assets of $449k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.