Holy Innocents School Incorporated

Analysis

Holy Innocents School Incorporated is a registered charity in United States, based in Waite Park, MN. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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 December 2023, Holy Innocents School Incorporated reported income of $128k and spending of $179k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $128k (-12%), an average of -3.0% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holy Innocents School Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Fuller Springs Volunteer Fire Department Inc ($128k), The Bollinger Foundation ($128k) and Key West Rotary Club Foundation Inc ($128k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. Other salaries and wages came to $79k. At year end it held assets of $646k against liabilities of $28k, net assets of $618k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.