Alumni Association California Institute of Technology

Analysis

Alumni Association California Institute of Technology is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alumni Association California Institute of Technology reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $314k to $1.1m (+253%), an average of +37% a year. The sharpest change came in the year to September 2022, when income rose by 101%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumni Association California Institute of Technology sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Bermuda Hundred Child Development Center ($1.1m), Dale Foundation ($1.1m) and Learning Tree and Educational Center ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 16% and program service revenue 5.8% of the total. At year end it held assets of $8.2m against liabilities of $310k, net assets of $7.9m.