Hornell High School Alumni Association

Analysis

Hornell High School Alumni Association is a registered charity in United States, based in Hornell, NY. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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, Hornell High School Alumni Association reported income of $308k and spending of $195k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $308k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hornell High School Alumni Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Metropolitan Housing Development Corporation ($308k), Lake Havasu Soccer League ($308k) and Arc-Kent County Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $12k (6.0% of expenses). Other salaries and wages came to $2,500. At year end it held assets of $553k against liabilities of $0, net assets of $553k.