Corner High School Alumni Association

Analysis

Corner High School Alumni Association is a registered charity in United States, based in Sumiton, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Corner High School Alumni Association reported income of $90k and spending of $98k, spending 109% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $54k to $90k (+67%), an average of +11% a year. The sharpest change came in the year to May 2020, when income rose by 888%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corner High School Alumni Association sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include North Dakota Student Activities Association ($90k), New Hampshire School Library Media Association ($90k) and Clear Springs PTO Inc ($90k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.