Athol High School Scholarship Association

Analysis

Athol High School Scholarship Association is a registered charity in United States, based in Athol, MA. It received its IRS tax-exemption ruling in January 1963, 63 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 December 2023, Athol High School Scholarship Association reported income of $210k and spending of $164k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $210k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athol High School Scholarship Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Reno County Homeschool Connection Ltd ($210k), New Michigan Media ($210k) and Jackson Hole Snow Devils Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. Compensation of current officers, directors and key employees was $5,000 (3.0% of expenses). At year end it held assets of $3.5m against liabilities of $44k, net assets of $3.5m.