The Alumni and Friends of Fiorello H Laguardia High School Inc

Analysis

The Alumni and Friends of Fiorello H Laguardia High School Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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, The Alumni and Friends of Fiorello H Laguardia High School Inc reported income of $5.3m and spending of $858k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $997k to $5.3m (+434%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 265%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Alumni and Friends of Fiorello H Laguardia High School Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Trust Uw Carl F Hertenstein General Trust ($5.3m), Time for Change Foundation ($5.3m) and Western Christian High School ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $33k (3.9% of expenses). Other salaries and wages came to $144k. At year end it held assets of $13.4m against liabilities of $8,076, net assets of $13.4m. It reported 5 employees.