Frederick Douglass Alumni Association Inc

Analysis

Frederick Douglass Alumni Association Inc is a registered charity in United States, based in Pittsburg, TX. It received its IRS tax-exemption ruling in May 2018, 8 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 December 2023, Frederick Douglass Alumni Association Inc reported income of $56k and spending of $38k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $56k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frederick Douglass Alumni Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Roxboro Road Elementary School Parent Teacher Group ($56k), Philadelphia Meditation Center Inc ($56k) and Fruitport Trojan Touchdown Club Inc ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $46k against liabilities of $28k, net assets of $18k.