Wathena High School Alumni Association Charitable Trust

Analysis

Wathena High School Alumni Association Charitable Trust is a registered charity in United States, based in Wathena, KS. It received its IRS tax-exemption ruling in November 1990, 36 years ago. 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 May 2024, Wathena High School Alumni Association Charitable Trust reported income of $113k and spending of $23k, leaving 80% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $82k to $113k (+37%), an average of +8.3% a year. The sharpest change came in the year to May 2024, when income rose by 81%. 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, Wathena High School Alumni Association Charitable Trust sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within KS. Charities of a similar size with the same main cause include Highland Park Social Club ($113k), Solvang Rotary Club Foundation ($113k) and Pomona Valley Art Association Inc ($113k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 66% of the total. At year end it held assets of $715k against liabilities of $0, net assets of $715k.