St Thomas More Catholic High School Foundation Inc

Analysis

St Thomas More Catholic High School Foundation Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, St Thomas More Catholic High School Foundation Inc reported income of $133k and spending of $68k, leaving 49% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income fell from $176k to $133k (-24%), an average of -8.9% a year. The sharpest change came in the year to July 2021, when income rose by 147%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Thomas More Catholic High School Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within LA. Charities of a similar size with the same main cause include North Carolina Reading Association ($133k), Wichita Falls Electricians Joint Apprenticeship Committee ($133k) and Cushing Chamber Foundation for Progress Inc ($133k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $4.6m against liabilities of $11k, net assets of $4.6m.