Holy Spirit College Inc

Analysis

Holy Spirit College Inc is a registered charity in United States, based in Atlanta, GA. 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 December 2023, Holy Spirit College Inc reported income of $330k and spending of $254k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $330k (+201%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 220%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holy Spirit College Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include North Bartow Community Services Inc ($330k), Fort Bliss Spouses Association ($330k) and Middle Tennessee Japan Society ($330k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $193k against liabilities of $22k, net assets of $171k.