Elyria Catholic High School Educational Endowment Foundation

Analysis

Elyria Catholic High School Educational Endowment Foundation is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in September 1984, 42 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, Elyria Catholic High School Educational Endowment Foundation reported income of $656k and spending of $1.2m, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $656k (+455%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 205%. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elyria Catholic High School Educational Endowment Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include Des Moines Symphony Association Foundation ($656k), Yonkers Larkin Garage Inc ($656k) and New Jersey Library Association ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.