Fern Creek High School Alumni Association Inc
Analysis
Fern Creek High School Alumni Association Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1998, 28 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, Fern Creek High School Alumni Association Inc reported income of $351k and spending of $282k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281k to $351k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 67% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Fern Creek High School Alumni Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include International Gay & Lesbian Travel Association Foundation Inc ($351k), Literacy International ($351k) and Friends of Ryan Inc ($351k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. Compensation of current officers, directors and key employees was $34k (12% of expenses). Other salaries and wages came to $17k. At year end it held assets of $997k against liabilities of $0, net assets of $997k.
Income and spending
Where the income comes from
- Contributions & grants 25%
- Other 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| International Gay & Lesbian Travel Association Foundation Inc | Fort Lauderdale | $351k |
| Literacy International | San Jose | $351k |
| Friends of Ryan Inc | Philadelphia | $351k |
| Mayland Community College Enterprise Corporation | Spruce Pine | $351k |