Saint-Mary-Of-The-Woods College

Analysis

Saint-Mary-Of-The-Woods College is a registered charity in United States, based in St Mary of WD, IN. It received its IRS tax-exemption ruling in March 1946, 80 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, Saint-Mary-Of-The-Woods College reported income of $35.4m and spending of $38.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.2m to $35.4m (+26%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Saint-Mary-Of-The-Woods College sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Gorman Learning Center Inc ($35.4m), Hope School ($35.4m) and The Journey Foundation ($35.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $562k (1.4% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $49.3m against liabilities of $42.6m, net assets of $6.7m. It reported 614 employees.