MMTCP Alumni Association

Analysis

MMTCP Alumni Association is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, MMTCP Alumni Association reported income of $92k and spending of $129k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $92k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, MMTCP Alumni Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Raccoon River Preschool Inc ($92k), Aikido Association Atlanta Inc ($92k) and Carmel Middle School Fam Club Ltd ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.