College of St Mary

Analysis

College of St Mary is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, College of St Mary reported income of $27.0m and spending of $27.9m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.0m to $27.0m (-13%), an average of -3.4% a year. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College of St Mary sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NE. Charities of a similar size with the same main cause include Battle Ground Academy of Franklin Tennessee ($27.0m), Waynflete School ($27.0m) and Lausanne Collegiate School ($27.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $414k (1.5% of expenses). Other salaries and wages came to $13.9m. It paid $39k in professional fundraising fees. At year end it held assets of $101.3m against liabilities of $10.3m, net assets of $91.0m. It reported 614 employees.