Morrison R Waite High School Alumni Association Inc

Analysis

Morrison R Waite High School Alumni Association Inc is a registered charity in United States, based in Oregon, OH. It received its IRS tax-exemption ruling in May 1989, 37 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 June 2023, Morrison R Waite High School Alumni Association Inc reported income of $113k and spending of $106k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $155k to $113k (-27%), an average of -7.6% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morrison R Waite High School Alumni Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include WRHS Hornets Ptsa 5 9 25 ($113k), Escanaba Area Junior Hockey Association Inc ($113k) and Anderson County Volunteer Fire Department Medford Unit ($113k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.