Milton Hershey School Alumni Assn

Analysis

Milton Hershey School Alumni Assn is a registered charity in United States, based in Hershey, PA. It received its IRS tax-exemption ruling in July 1985, 41 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, Milton Hershey School Alumni Assn reported income of $119k and spending of $139k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $161k to $119k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 148%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milton Hershey School Alumni Assn sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Farmville Community Arts Council Inc ($119k), French International Program Association Inc ($119k) and PTA Kentucky Congress ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $32k. At year end it held assets of $774k against liabilities of $973, net assets of $773k. It reported 2 employees.