Institute of Notre Dame Alumnae Association

Analysis

Institute of Notre Dame Alumnae Association is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Institute of Notre Dame Alumnae Association reported income of $175k and spending of $114k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $84k to $175k (+108%), an average of +108% a year. The sharpest change came in the year to June 2024, when income rose by 108%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Institute of Notre Dame Alumnae Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Workforce Connect ($175k), Oak Ridge Economic Partnership ($175k) and Sunrays of Hope Inc ($175k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 40% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.