Southport High School Alumni Association Inc

Analysis

Southport High School Alumni Association Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2024, Southport High School Alumni Association Inc reported income of $162k and spending of $108k, leaving 33% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $139k to $162k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southport High School Alumni Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include First School Financial Aid Trust Honoring the Memory of C Markman ($162k), Rose Resources Outreach to Safeguard the Elderly ($162k) and Rowan County Literacy Council Inc ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $409k against liabilities of $0, net assets of $409k.