Loyola High School Foundation

Analysis

Loyola High School Foundation is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Loyola High School Foundation reported income of $117k and spending of $299k, spending 256% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $333k to $117k (-65%), an average of -23% a year. The sharpest change came in the year to June 2022, when income dropped by 133%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loyola High School Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Warren County Pioneer Band Boosters ($117k), Orion Fund ($117k) and Birmingham Supplementary School ($117k).

At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m.