Monsignor Walter J Donovan Catholic High School Inc
Analysis
Monsignor Walter J Donovan Catholic High School Inc is a registered charity in United States, based in Athens, GA. It received its IRS tax-exemption ruling in February 2005, 21 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Monsignor Walter J Donovan Catholic High School Inc reported income of $1.7m and spending of $2.1m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.7m (+16%), an average of +3.8% a year. Over the whole period it spent 113% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monsignor Walter J Donovan Catholic High School Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include The Maryland Symphony Orchestra Inc ($1.7m), Criminal Justice Alternatives ($1.7m) and Central New York Technology Development Organization Inc ($1.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 71% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $2.8m, net assets of -$237k. It reported 35 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 71%
- Other 6.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Maryland Symphony Orchestra Inc | Hagerstown | $1.7m |
| Criminal Justice Alternatives | Raleigh | $1.7m |
| Central New York Technology Development Organization Inc | Liverpool | $1.7m |
| Missionary Gospel Fellowship | Turlock | $1.7m |