Lynn Vocational Technical Alumi Association Inc

Analysis

Lynn Vocational Technical Alumi Association Inc is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in September 2017, 9 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 May 2024, Lynn Vocational Technical Alumi Association Inc reported income of $205k and spending of $196k, spending 95% of its income. Across the 3 years on record, from May 2022 to May 2024, income fell from $206k to $205k (-0.5%), an average of -0.3% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lynn Vocational Technical Alumi Association Inc 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 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Foundation for a Globally Competitive Texas ($205k), Curenfwithjack ($205k) and Graham County Electric Cooperative Foundation Inc ($205k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 6.3% and program service revenue 65% of the total. Other salaries and wages came to $119k. At year end it held assets of $335k against liabilities of $9,542, net assets of $326k. It reported 8 employees.