University of the Philippines Alumni Association in America Inc

Analysis

University of the Philippines Alumni Association in America Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in July 2014, 12 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, University of the Philippines Alumni Association in America Inc reported income of $162k and spending of $113k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $162k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2022, when income rose by 301%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of the Philippines Alumni Association in America Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Lake Bluff Parent Teacher Organization ($162k), Greensboro Academy Boosters ($162k) and Association for Computer Aided Design in Architecture ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.