Houlton High Schhol Alumni Association

Analysis

Houlton High Schhol Alumni Association is a registered charity in United States, based in Houlton, ME. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Houlton High Schhol Alumni Association reported income of $472k and spending of $336k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $472k (+380%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 772%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Houlton High Schhol Alumni Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within ME. Charities of a similar size with the same main cause include Gold Creek Child Care Incorporated ($472k), Lincoln High School Alumni Association ($472k) and Palmyra Public Library ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $19k (5.7% of expenses). At year end it held assets of $3.7m against liabilities of $91k, net assets of $3.7m. It reported 1 employees.