Catholic Schools Center of Excellence

Analysis

Catholic Schools Center of Excellence is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Catholic Schools Center of Excellence reported income of $11.6m and spending of $11.5m, spending 99% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $7.1m to $11.6m (+63%), an average of +10% a year. The sharpest change came in the year to June 2024, when income rose by 95%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catholic Schools Center of Excellence sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Classical Preparatory ($11.6m), Old Trail School ($11.6m) and Urban Assembly Charter School for Computer Science ($11.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $186k (1.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.8m against liabilities of $531k, net assets of $3.3m. It reported 14 employees.