St Marys University Alumni Association

Analysis

St Marys University Alumni Association is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, St Marys University Alumni Association reported income of $282k and spending of $339k, spending 120% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income grew from $274k to $282k (+2.7%), an average of +0.5% a year. The sharpest change came in the year to July 2021, when income rose by 513%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Marys University Alumni Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Bengal Brigade & Cheerleader Booster Club of Katy High School ($282k), Parents Nursery School Inc ($282k) and Cane Bay High School Athletic Boosters ($282k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $82k. At year end it held assets of $2.8m against liabilities of -$2,934, net assets of $2.8m. It reported 4 employees.