University of Alaska-Fairbanks Alumni Association

Analysis

University of Alaska-Fairbanks Alumni Association is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in November 1986, 40 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 June 2024, University of Alaska-Fairbanks Alumni Association reported income of $99k and spending of $87k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $172k to $99k (-42%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 38%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Alaska-Fairbanks Alumni Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 32nd percentile within AK. Charities of a similar size with the same main cause include Escuela de LA Cruz ($99k), Paul Collins Jr Scholarship Plan ($99k) and Sunlake Academy of Math and Science Ptso Inc ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 0.4% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.