Pontifical College Josephinum

Analysis

Pontifical College Josephinum is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pontifical College Josephinum reported income of $7.4m and spending of $9.0m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.0m to $7.4m (-7.2%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pontifical College Josephinum 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 94th percentile within OH. Charities of a similar size with the same main cause include Blackstone Academy Inc ($7.4m), Tucson International Academy ($7.4m) and Millennium Education Foundation Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $428k (4.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $51.2m against liabilities of $4.1m, net assets of $47.2m. It reported 106 employees.