Alumni Association of Fitchburg High School Incorporated

Analysis

Alumni Association of Fitchburg High School Incorporated is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in November 1996, 30 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 March 2023, Alumni Association of Fitchburg High School Incorporated reported income of $105k and spending of $84k, leaving 20% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $82k to $105k (+28%), an average of +6.4% a year. The sharpest change came in the year to March 2020, when income rose by 633%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alumni Association of Fitchburg High School Incorporated sits at the 41st 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 45th percentile within MA. Charities of a similar size with the same main cause include Stevens County Youth Outreach ($105k), Hawaii Library Association ($106k) and Mount Hope High School Boostersclub ($105k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $1,475. At year end it held assets of $2.1m against liabilities of $19k, net assets of $2.1m.