Towson High School Alumni Association Inc

Analysis

Towson High School Alumni Association Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in October 2000, 26 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, Towson High School Alumni Association Inc reported income of $109k and spending of $65k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $109k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Towson High School Alumni Association Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include CCSC Inc ($109k), The Education Foundation of the Monroe Public Schools ($109k) and Marion School District Foundation Incorporated ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $393k against liabilities of $0, net assets of $393k.