Our Lady of Fatima School Foundation

Analysis

Our Lady of Fatima School Foundation is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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 2024, Our Lady of Fatima School Foundation reported income of $257k and spending of $213k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $138k to $257k (+86%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 148%. 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, Our Lady of Fatima School Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within LA. Charities of a similar size with the same main cause include Korean American Society of Greater Kansas City Inc ($257k), Tappi Foundation Inc ($257k) and Richards Library ($257k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $11k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.