McKinley High School Alumni Association

Analysis

McKinley High School Alumni Association is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2023, McKinley High School Alumni Association reported income of $131k and spending of $297k, spending 227% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $183k to $131k (-29%), an average of -8.1% a year. The sharpest change came in the year to May 2021, when income dropped by 27%. Over the whole period it spent 146% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, McKinley High School Alumni Association sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within LA. Charities of a similar size with the same main cause include Woods Hole Film Festival Inc ($131k), History in Action Inc ($131k) and Cleveland Chamber Choir ($131k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 29% of the total. Compensation of current officers, directors and key employees was $49k (17% of expenses). At year end it held assets of $3.8m against liabilities of $114k, net assets of $3.6m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.