Southeastern Louisiana Univ Alumni Assoc Inc

Analysis

Southeastern Louisiana Univ Alumni Assoc Inc is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in April 1960, 66 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 June 2024, Southeastern Louisiana Univ Alumni Assoc Inc reported income of $201k and spending of $230k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $210k to $201k (-4.5%), an average of -1.1% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 130% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern Louisiana Univ Alumni Assoc Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within LA. Charities of a similar size with the same main cause include Hillgrove Dugout Club ($201k), Advocates for the Persecuted Inc ($201k) and Mooresville Blue Devil Band Boosters Inc ($201k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $219k against liabilities of $7,685, net assets of $211k.

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.