Finklea High and Loris Training Schools Alumni Association Inc

Analysis

Finklea High and Loris Training Schools Alumni Association Inc is a registered charity in United States, based in Loris, SC. It received its IRS tax-exemption ruling in February 2019, 7 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, Finklea High and Loris Training Schools Alumni Association Inc reported income of $160k and spending of $160k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $160k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Finklea High and Loris Training Schools Alumni Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within SC. Charities of a similar size with the same main cause include Human Development & Capability Association Inc ($160k), Hardrock Hundred Endurance Run ($160k) and Mosinee Preschool ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $301k against liabilities of $58k, net assets of $243k.