Alumni Corp and Supporters

Analysis

Alumni Corp and Supporters is a registered charity in United States, based in Muenster, TX. It received its IRS tax-exemption ruling in August 1998, 28 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 May 2024, Alumni Corp and Supporters reported income of $352k and spending of $143k, leaving 59% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $142k to $352k (+148%), an average of +26% a year. The sharpest change came in the year to May 2021, when income rose by 426%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumni Corp and Supporters 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 69th percentile within TX. Charities of a similar size with the same main cause include Little Sprouts Learning Center Inc ($352k), Saint Therese Classical Academy ($352k) and Williamsport Area School District Education Foundation ($352k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $2.0m against liabilities of $139, net assets of $2.0m.