Nichols State University Alumni Federation

Analysis

Nichols State University Alumni Federation is a registered charity in United States, based in Thibodaux, LA. It received its IRS tax-exemption ruling in February 1986, 40 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 June 2023, Nichols State University Alumni Federation reported income of $360k and spending of $310k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $367k to $360k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nichols State University Alumni Federation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within LA. Charities of a similar size with the same main cause include Global Recovery Initiatives Foundation ($360k), GLD Housing Inc ($360k) and Kings Academy ($360k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $163k. At year end it held assets of $375k against liabilities of $0, net assets of $375k.