Norfolk Catholic School Foundation

Analysis

Norfolk Catholic School Foundation is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in April 1972, 54 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, Norfolk Catholic School Foundation reported income of $180k and spending of $179k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $180k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 314%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norfolk Catholic School Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NE. Charities of a similar size with the same main cause include Cannon Falls Educational Foundation ($180k), Hodgdon Housing for the Elderly ($180k) and Smyrna Township Volunteer Firedepartment ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% of the total. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.