Firelands Catholic Education Development Office Inc

Analysis

Firelands Catholic Education Development Office Inc is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in October 1991, 35 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, Firelands Catholic Education Development Office Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.9m to $2.2m (-44%), an average of -13% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Firelands Catholic Education Development Office Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Ohr Hatorah Yeshiva High School Inc ($2.2m), Eagle Administrative Services ($2.2m) and Cedar Tree a Non Profit Organization ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 2.3% of the total. At year end it held assets of $11.3m against liabilities of $0, net assets of $11.3m.