Elk City High School Alumni Foundation

Analysis

Elk City High School Alumni Foundation is a registered charity in United States, based in Elk City, OK. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Elk City High School Alumni Foundation reported income of $64k and spending of $19k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $64k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 1000%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elk City High School Alumni Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Nevada Association for Career & Technical Education ($64k), Rock the Casa a California Non-Profit Public Benefit Corporat ($64k) and Holistic Honu Wellness Center ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. Compensation of current officers, directors and key employees was $8,500 (45% of expenses). At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.