Memorial West Alumni and Friends Foundation Inc

Analysis

Memorial West Alumni and Friends Foundation Inc is a registered charity in United States, based in Signal Hill, CA. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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, Memorial West Alumni and Friends Foundation Inc reported income of $84k and spending of $93k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $84k (+2.8%), an average of +2.8% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial West Alumni and Friends Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($84k), Indiana Cpa Educational Foundation Inc ($84k) and Hastings Education Enrichment Foundation ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.