Brown Alumni Association

Analysis

Brown Alumni Association is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in May 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brown Alumni Association reported income of $133k and spending of $170k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $99k to $133k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 353%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brown Alumni Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within RI. Charities of a similar size with the same main cause include Agape Baptist Church ($133k), Veteran Owned Business Rountable ($133k) and Henderson Fire Department Relief Association ($132k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.