Our Lady of Consolation Education Foundation

Analysis

Our Lady of Consolation Education Foundation is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in July 1993, 33 years ago. 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 December 2023, Our Lady of Consolation Education Foundation reported income of $253k and spending of $180k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $636k to $253k (-60%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Lady of Consolation Education Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Nahant Historical Society ($253k), Latinos in Transit ($253k) and PTA Colorado Congress ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $539k against liabilities of $0, net assets of $539k.