Altoona Area High School Alumni Association

Analysis

Altoona Area High School Alumni Association is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Altoona Area High School Alumni Association reported income of $64k and spending of $32k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $17k to $64k (+271%), an average of +271% a year. The sharpest change came in the year to December 2023, when income rose by 271%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Altoona Area High School Alumni Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within PA. Charities of a similar size with the same main cause include Village Schoolhouse Academy ($64k), Washington Orthodontic Alumni Association ($64k) and Shodokan Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 11% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.