Washington State University Alumni Association

Analysis

Washington State University Alumni Association is a registered charity in United States, based in Pullman, WA. It received its IRS tax-exemption ruling in September 1999, 27 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, Washington State University Alumni Association reported income of $3.8m and spending of $3.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.8m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington State University Alumni Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include The Palm Beach County Literacy Coalition Inc ($3.8m), French-American School of Rhode Island ($3.8m) and Brooklyn Charter School ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $309k (8.4% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $15.6m against liabilities of $290k, net assets of $15.3m.