Walnut Hills High School Alumni Foundation

Analysis

Walnut Hills High School Alumni Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1996, 30 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, Walnut Hills High School Alumni Foundation reported income of $4.9m and spending of $1.8m, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.9m (+139%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walnut Hills High School Alumni Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Partnership for Children of Johnston County Inc ($4.9m), Five Smooth Stones Foundation ($4.9m) and Daytona State College Foundation Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $158k (8.9% of expenses). Other salaries and wages came to $234k. At year end it held assets of $6.9m against liabilities of $3,864, net assets of $6.9m. It reported 6 employees.