Chaminade Development Fund Inc

Analysis

Chaminade Development Fund Inc is a registered charity in United States, based in Mineola, NY. It received its IRS tax-exemption ruling in June 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chaminade Development Fund Inc reported income of $8.5m and spending of $7.2m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.1m to $8.5m (+19%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chaminade Development Fund 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 Real Clear Foundation ($8.5m), Skyline Education Inc ($8.5m) and West Buffalo Charter School ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 0.9% of the total. Other salaries and wages came to $704k. It paid $246k in professional fundraising fees. At year end it held assets of $81.7m against liabilities of $544k, net assets of $81.2m. It reported 15 employees.