University of Montevallo Alumni Association

Analysis

University of Montevallo Alumni Association is a registered charity in United States, based in Montevallo, AL. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, University of Montevallo Alumni Association reported income of $105k and spending of $93k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $92k to $105k (+15%), an average of +15% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Montevallo Alumni Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AL. Charities of a similar size with the same main cause include Gard W Twaddle Nurses Endowment Fund ($105k), Holbrook Elementary Parent Group Hepg ($105k) and Alumni Free Speech Alliance ($105k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 8.8% of the total. At year end it held assets of $370k against liabilities of $8,622, net assets of $361k.