Wellsville High School Alumni Association Inc

Analysis

Wellsville High School Alumni Association Inc is a registered charity in United States, based in Wellsville, OH. It received its IRS tax-exemption ruling in May 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, Wellsville High School Alumni Association Inc reported income of $74k and spending of $102k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $74k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wellsville High School Alumni Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within OH. Charities of a similar size with the same main cause include Linwood Education Foundation Incorporated ($74k), Athena Orlando Womens Leadership ($74k) and Northwest Elementary PTO ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $1.8m against liabilities of $227k, net assets of $1.5m.