Holy Cross College Inc

Analysis

Holy Cross College Inc is a registered charity in United States, based in Notre Dame, 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, Holy Cross College Inc reported income of $25.2m and spending of $24.5m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $21.3m to $25.2m (+18%), an average of +5.7% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holy Cross College Inc sits at the 97th percentile: it is larger than about 97% 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 Hammond School ($25.2m), Herron High School Inc ($25.2m) and Lexington School for the Deaf ($25.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $724k (3.0% of expenses). Other salaries and wages came to $5.2m. It paid $137k in professional fundraising fees. At year end it held assets of $51.4m against liabilities of $25.9m, net assets of $25.6m. It reported 330 employees.