Friends & Alumni Association of Palmetto High School

Analysis

Friends & Alumni Association of Palmetto High School is a registered charity in United States, based in Mullins, SC. It received its IRS tax-exemption ruling in June 2007, 19 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 2023, Friends & Alumni Association of Palmetto High School reported income of $52k and spending of $22k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $52k (+14%), an average of +14% a year. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends & Alumni Association of Palmetto High School sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Tate High Softball Booster Club Inc ($52k), Southmoore Theatre Foundation ($52k) and New Jersey Girls Soccer Coaches Association ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $309k against liabilities of $0, net assets of $309k.