Catholic Education Memorial Fund

Analysis

Catholic Education Memorial Fund is a registered charity in United States, based in Owatonna, MN. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Catholic Education Memorial Fund reported income of $129k and spending of $85k, leaving 34% of income unspent that year. The sharpest change came in the year to June 2022, when income rose by 282%. Over the whole period it spent 136% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Catholic Education Memorial Fund sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Kidz Eatz Inc ($129k), Manteca High Athletic Booster Club ($129k) and Powhatan Soccer Association Ltd ($129k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.