Holy Cross Head Start Inc

Analysis

Holy Cross Head Start Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2023, Holy Cross Head Start Inc reported income of $8.0m and spending of $8.1m, spending 101% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $5.5m to $8.0m (+47%), an average of +10% a year. The sharpest change came in the year to February 2023, when income rose by 37%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holy Cross Head Start Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include RSM US Foundation ($8.0m), Bay View Academy ($8.0m) and TGP Public Schools ($8.0m).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $2.3m against liabilities of $2.4m, net assets of -$100k. It reported 116 employees.