Newark Catholic High School Foundation

Analysis

Newark Catholic High School Foundation is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in October 1985, 41 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, Newark Catholic High School Foundation reported income of $239k and spending of $214k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $378k to $239k (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newark Catholic High School Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within OH. Charities of a similar size with the same main cause include The Central Ohio Symphony Inc ($239k), Our Lady of Mount Carmel-St Marys School Education Foundation ($239k) and San Ramon Bears Youth Football Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $20k. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m. It reported 1 employees.