Nativity Academy at St Boniface Inc

Analysis

Nativity Academy at St Boniface Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nativity Academy at St Boniface Inc reported income of $1.9m and spending of $1.5m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.9m (+28%), an average of +8.5% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nativity Academy at St Boniface Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Ohio Community Action Training Organization ($1.9m), Steele County Agricultural Society ($1.9m) and Advancing Families Foundation Incorporated ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $138k (9.3% of expenses). Other salaries and wages came to $632k. At year end it held assets of $3.1m against liabilities of $89k, net assets of $3.1m. It reported 30 employees.