MSGR Kelly Catholic High School Foundation Inc

Analysis

MSGR Kelly Catholic High School Foundation Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in July 1961, 65 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 June 2023, MSGR Kelly Catholic High School Foundation Inc reported income of $626k and spending of $472k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $926k to $626k (-32%), an average of -9.3% a year. The sharpest change came in the year to June 2021, when income rose by 258%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, MSGR Kelly Catholic High School Foundation Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Cleveland Kids Book Bank ($626k), Toddler Towers Corporation ($626k) and Iowa Lutheran School Tuitionorganization Inc ($626k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m.