Lafayette Area Catholic Schools Foundation Inc

Analysis

Lafayette Area Catholic Schools Foundation Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in July 1988, 38 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 2024, Lafayette Area Catholic Schools Foundation Inc reported income of $263k and spending of $233k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $120k to $263k (+120%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 717%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lafayette Area Catholic Schools Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Southwest Mississippi Junior College Development Foundation ($263k), Nantucket Comedy Festival Inc ($263k) and Michigan Government Finance Officers Association ($263k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.