Holy Cross High School Endowment Corporation

Analysis

Holy Cross High School Endowment Corporation is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Holy Cross High School Endowment Corporation reported income of $334k and spending of $101k, leaving 70% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $128k to $334k (+162%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 90%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holy Cross High School Endowment Corporation 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 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include Ka Hale O Na Keiki Inc ($334k), St John Bosco Association ($334k) and Brick Education and Research Foundation ($334k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% of the total. At year end it held assets of $2.9m against liabilities of $82k, net assets of $2.8m.