San Jose State University Alumni Assoc

Analysis

San Jose State University Alumni Assoc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1969, 57 years ago. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, San Jose State University Alumni Assoc reported income of $366k and spending of $304k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $433k to $366k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Jose State University Alumni Assoc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include National Church Residences of ($366k), Heritage Private School Inc ($366k) and Greater Waldorf Jaycees Foundation Inc ($366k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 29% of the total. At year end it held assets of $1.6m against liabilities of $15k, net assets of $1.6m.