Padua Franciscan High School Endowment Trust

Analysis

Padua Franciscan High School Endowment Trust is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in May 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Padua Franciscan High School Endowment Trust reported income of $446k and spending of $224k, leaving 50% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $332k to $446k (+35%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 62%. 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, Padua Franciscan High School Endowment Trust sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Nabe Foundation of the National Association for Business Economics ($446k), Urban Lighthouse Ministries ($446k) and Innovation Ohio Education Fund ($446k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $4.7m against liabilities of $8,300, net assets of $4.7m.