Colegio Catolico Notre Dame Corp
Analysis
Colegio Catolico Notre Dame Corp is a registered charity in United States, based in Caguas, PR. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Colegio Catolico Notre Dame Corp reported income of $10.5m and spending of $9.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.9m to $10.5m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Colegio Catolico Notre Dame Corp 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 95th percentile, and in the 92nd percentile within PR. Charities of a similar size with the same main cause include Education Reform Now Inc ($10.5m), Mary R Gallaspy Charitable Trust No Two ($10.5m) and Literacy Pittsburgh ($10.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $52k (0.5% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $18.2m against liabilities of $3.6m, net assets of $14.6m. It reported 291 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.9%
- Program services 83%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Education Reform Now Inc | New York | $10.5m |
| Mary R Gallaspy Charitable Trust No Two | Natchitoches | $10.5m |
| Literacy Pittsburgh | Pittsburgh | $10.5m |
| World Compass Academy | Castle Rock | $10.5m |