University of Washington Alumni Association

Analysis

University of Washington Alumni Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in July 1991, 35 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 June 2023, University of Washington Alumni Association reported income of $3.3m and spending of $3.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.1m to $3.3m (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2021, when income dropped by 20%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Washington Alumni Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Georgia Leadership Institute for School Improvement Inc ($3.3m), Future School ($3.3m) and Transmit Receive Labs Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 5.4% of the total. Other salaries and wages came to $330k. At year end it held assets of $24.1m against liabilities of $289k, net assets of $23.8m. It reported 2 employees.