Louisiana Tech University Alumni Association Inc

Analysis

Louisiana Tech University Alumni Association Inc is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in September 1988, 38 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 June 2023, Louisiana Tech University Alumni Association Inc reported income of $136k and spending of $149k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $241k to $136k (-44%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 52%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Tech University Alumni Association Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Montana Mindfulness Project ($136k), Marriage Plus International Inc ($136k) and Choose Life of Jamestown Inc ($136k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 1.8% of the total. At year end it held assets of $267k against liabilities of $23k, net assets of $244k.