East High School Alumni Foundation

Analysis

East High School Alumni Foundation is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East High School Alumni Foundation reported income of $833k and spending of $839k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $833k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East High School Alumni Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Maurice & Jane Sugar Law Center for Economic and Social Justice ($833k), American Society of Safety Professionals Foundation ($833k) and Association of Delaware Valley Independent Schools ($833k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $6.9m against liabilities of $290k, net assets of $6.7m.