Bismarck Area Catholic Education Foundation

Analysis

Bismarck Area Catholic Education Foundation is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in October 1975, 51 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 December 2023, Bismarck Area Catholic Education Foundation reported income of $1.7m and spending of $427k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.7m (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 894%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bismarck Area Catholic Education Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within ND. Charities of a similar size with the same main cause include Monarch Learning Center Charter School ($1.7m), St Michaels Academy Inc ($1.7m) and Denver Public Library Friends Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10.2m against liabilities of $0, net assets of $10.2m.