Friends of Lowell High School Inc

Analysis

Friends of Lowell High School Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Friends of Lowell High School Inc reported income of $104k and spending of $167k, spending 162% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $92k to $104k (+12%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Lowell High School Inc 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 44th percentile within MA. Charities of a similar size with the same main cause include Imsa Parent Association Council ($104k), Auburn Public Schools Foundation ($104k) and Lions Club Foundation of Fraser Valley Inc ($104k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.