Alumni for the Future Inc

Analysis

Alumni for the Future Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Alumni for the Future Inc reported income of $76k and spending of $53k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $76k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alumni for the Future Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Greenway Foundation Inc ($76k), Williamson Recreation Committee ($76k) and San Antonio Basketball Organization ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.