Fayette Schools Alumni Association

Analysis

Fayette Schools Alumni Association is a registered charity in United States, based in Somerville, TN. It received its IRS tax-exemption ruling in March 2003, 23 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, Fayette Schools Alumni Association reported income of $103k and spending of $110k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $86k to $103k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fayette Schools Alumni Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include Scott Parent Teacher Organization ($103k), Stay Free Ministries ($103k) and Evergreen Middle School Ptsa ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.