The William & Mary Alumni Association is a 501(c)(3) organization based in Williamsburg, Virginia, registered in 1945, with $1,668,297 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.7M
▲ 18.3% vs prior year
Education median: $200K
Expenses (FY2023)
$1.5M
Net assets
$20.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The William & Mary Alumni Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The William & Mary Alumni Association: 164 mo reserves · +12% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The William & Mary Alumni Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The William & Mary Alumni Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $5.1M (FY2013) to $1.7M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
12.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$20.2M
Total liabilities
$216K
Net assets
$20.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,668,297▲18.3% | $1,467,002▼13.5% | $20,026,607▲8.8% | $20,242,950▲8.9% | 990 |
| 2022 | $1,410,806▼28.3% | $1,695,236▲18.2% | $18,405,699▲5.3% | $18,584,705▲5.5% | 990 |
| 2021 | $1,967,274▲85.6% | $1,433,849▲265% | $17,478,209▼11.8% | $17,614,016▼11.6% | 990 |
| 2020 | $1,060,124▼59.8% | $392,433▼70.7% | $19,807,901▲11.3% | $19,933,572▲10.9% | 990 |
| 2018 | $2,636,313▼11.4% | $1,341,541▼8.5% | $17,803,777▲10.7% | $17,973,025▲10.1% | 990 |
| 2017 | $2,973,897▲60.8% | $1,466,687▲4.1% | $16,084,110▲20.0% | $16,324,383▲19.5% | 990 |
| 2016 | $1,849,636▲4.7% | $1,408,843▼3.7% | $13,402,053▲13.6% | $13,662,151▲13.9% | 990 |
| 2015 | $1,766,807▼43.1% | $1,463,408▼7.1% | $11,793,810▼2.2% | $11,992,866▼2.1% | 990 |
| 2014 | $3,107,753▼38.9% | $1,575,424▼56.2% | $12,060,581▲3.5% | $12,255,369▲0.5% | 990 |
| 2013 | $5,083,680 | $3,598,040▲6.8% | $11,654,683▲28.3% | $12,194,865▲10.7% | 990 |
| 2012 | — | $3,370,037▲18.3% | $9,082,602▲7.5% | $11,017,706▲8.6% | 990 |
| 2011 | — | $2,849,334▼1.5% | $8,448,635▼3.0% | $10,141,053▼1.0% | 990 |
| 2010 | — | $2,891,344▲5.3% | $8,708,664▲18.4% | $10,238,414▲22.8% | 990 |
| 2009 | — | $2,745,836 | $7,354,715 | $8,337,405 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
16 grants to The William & Mary Alumni Association totaling $2.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| William & Mary Foundation | General support | 2023 | $204,489 |
| William & Mary Foundation | General support | 2022 | $236,843 |
| Donor Advised Charitable Giving | Education | 2022 | $15,000 |
| William & Mary Foundation | General support | 2021 | $257,374 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,350 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,350 |
| The Community Foundation Inc | General purposes | 2021 | $10,000 |
| William & Mary Foundation | Activities of the alumni assn | 2020 | $149,060 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $6,350 |
| William & Mary Foundation | Support acttivities of the society | 2019 | $291,988 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $8,250 |
| William & Mary Foundation | Support activities of the society | 2018 | $260,896 |
| William & Mary Foundation | Support activities of the society | 2017 | $278,992 |
| William & Mary Foundation | Activities of the society | 2016 | $167,415 |
| William & Mary Foundation | Activities of the society | 2015 | $152,820 |
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Data for The William & Mary Alumni Association (EIN 54-6054289) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.