Lufkin High School Alumni Association

Analysis

Lufkin High School Alumni Association is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in September 1986, 40 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 April 2023, Lufkin High School Alumni Association reported income of $755k and spending of $366k, leaving 52% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income grew from $374k to $755k (+102%), an average of +26% a year. The sharpest change came in the year to April 2021, when income rose by 228%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lufkin High School Alumni Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Del Rio Academy ($755k), Northwest Academic Computing Consortium ($755k) and Carroll Education Foundation Inc ($755k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 47% of the total. Other salaries and wages came to $88k. At year end it held assets of $5.6m against liabilities of $438k, net assets of $5.1m. It reported 2 employees.