Friends of Garrigan High School Inc

Analysis

Friends of Garrigan High School Inc is a registered charity in United States, based in Algona, IA. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Friends of Garrigan High School Inc reported income of $1.5m and spending of $1.1m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.5m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Garrigan High School Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within IA. Charities of a similar size with the same main cause include Tanaina Child Development Center Inc ($1.5m), Franklin County Learning Center Inc ($1.5m) and Trinity College of the Bible ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% and program service revenue 1.3% of the total. At year end it held assets of $7.0m against liabilities of $0, net assets of $7.0m.