North Platte Catholic Shools Endowment-Trust Inc

Analysis

North Platte Catholic Shools Endowment-Trust Inc is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. 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, North Platte Catholic Shools Endowment-Trust Inc reported income of $1.5m and spending of $1.8m, spending 120% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.0m to $1.5m (+46%), an average of +7.9% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Platte Catholic Shools Endowment-Trust Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within NE. Charities of a similar size with the same main cause include Swim with Mike Foundation ($1.5m), Rescue a Generation Inc ($1.5m) and Baltimore Educational Scholarship Trust Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 29% of the total. Other salaries and wages came to $97k. At year end it held assets of $4.9m against liabilities of $3,673, net assets of $4.9m. It reported 2 employees.