James Madison High School Alumni Association Inc

Analysis

James Madison High School Alumni Association Inc is a registered charity in United States, based in Woodbury, NY. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, James Madison High School Alumni Association Inc reported income of $66k and spending of $94k, spending 144% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $62k to $66k (+5.1%), an average of +2.5% a year. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, James Madison High School Alumni Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Sartell-St Stephen Prek-5 Parent Teacher Organization ($66k), Skaneateles Rotary Foundation Inc ($66k) and Foundation for Life Enrichment Inc ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $134k against liabilities of -$83, net assets of $134k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.