Associated Alumni of the Central High School of Philadelphia

Analysis

Associated Alumni of the Central High School of Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Associated Alumni of the Central High School of Philadelphia reported income of $1.1m and spending of $850k, leaving 24% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $754k to $1.1m (+49%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 175%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Associated Alumni of the Central High School of Philadelphia sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Ignite Academy Inc ($1.1m), Astra Society International ($1.1m) and Mount St Michael Catholic School ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $194k. At year end it held assets of $15.8m against liabilities of $902k, net assets of $14.9m. It reported 3 employees.