Catholic Education Scholarship TR

Analysis

Catholic Education Scholarship TR is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catholic Education Scholarship TR reported income of $1.7m and spending of $2.8m, spending 163% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $5.2m to $1.7m (-67%), an average of -31% a year. The sharpest change came in the year to June 2022, when income dropped by 64%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Education Scholarship TR sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Harwood Center Inc ($1.7m), Bay School ($1.7m) and National Commission for Health Education Credentialing Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $61.1m against liabilities of $124k, net assets of $60.9m.