Lake Worth High School Alumni Foundation Inc

Analysis

Lake Worth High School Alumni Foundation Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in August 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 (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, Lake Worth High School Alumni Foundation Inc reported income of $56k and spending of $34k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $56k (+269%), an average of +269% a year. The sharpest change came in the year to December 2023, when income rose by 269%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Worth High School Alumni Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Shakopee Senior Graduation Party Inc ($56k), Pima County Interfaith Civic Education Organization ($56k) and Huntington Beach Concours D Elegance Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $341k against liabilities of $0, net assets of $341k.