Hendersonville High School Alumni Association Inc

Analysis

Hendersonville High School Alumni Association Inc is a registered charity in United States, based in Hendersonvlle, NC. It received its IRS tax-exemption ruling in September 2001, 25 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 2022, Hendersonville High School Alumni Association Inc reported income of $51k and spending of $60k, spending 118% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $108k to $51k (-53%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. 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, Hendersonville High School Alumni Association Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Decorah Music Boosters ($51k), Santa Fe High Band Boosters ($51k) and Mission High Foundation ($51k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 98% of the total. At year end it held assets of $422k against liabilities of $9,968, net assets of $412k.