Elkmont High School Foundation

Analysis

Elkmont High School Foundation is a registered charity in United States, based in Elkmont, AL. It received its IRS tax-exemption ruling in October 1999, 27 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, Elkmont High School Foundation reported income of $77k and spending of $50k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $77k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elkmont High School Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within AL. Charities of a similar size with the same main cause include Pilot Point Bearcat Band Boosters ($77k), Edison Park Elementary Foundation ($77k) and Clearcreek I S D Support Groups ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 47% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.