Ag & Hes Alumni Association Inc

Analysis

Ag & Hes Alumni Association Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in September 1984, 42 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 December 2023, Ag & Hes Alumni Association Inc reported income of $166k and spending of $118k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $242k to $166k (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ag & Hes Alumni Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within KY. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($166k), American Friends of Jacobs Ladder Inc ($166k) and Texas Architectural Foundation ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 65% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.