Alabama A&m University Washington DC Metropolitan Alumni Chapter

Analysis

Alabama A&m University Washington DC Metropolitan Alumni Chapter is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in November 2020, 6 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 December 2023, Alabama A&m University Washington DC Metropolitan Alumni Chapter reported income of $72k and spending of $71k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $72k (-41%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alabama A&m University Washington DC Metropolitan Alumni Chapter sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within MD. Charities of a similar size with the same main cause include Wildcat Touchdown Club ($72k), Parent Booster USA Inc ($72k) and Louisville Bridge Association ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.