Central Catholic High School Inc

Analysis

Central Catholic High School Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in May 1969, 57 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Central Catholic High School Inc reported income of $23.8m and spending of $23.0m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $19.6m to $23.8m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Catholic High School Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include National Cowboy and Western Heritage Museum Inc ($23.7m), William Carey International University ($23.8m) and Adventist Home Health Services Inc ($23.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $175k (0.8% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $61.8m against liabilities of $6.4m, net assets of $55.4m. It reported 215 employees.