Salpointe Catholic Education Foundation

Analysis

Salpointe Catholic Education Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in January 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Salpointe Catholic Education Foundation reported income of $228k and spending of $417k, spending 183% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $147k to $228k (+55%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 978%. Over the whole period it spent 153% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salpointe Catholic Education Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within AZ. Charities of a similar size with the same main cause include Jenks Trojan Athletics Inc ($228k), Independence Volunteer Fire Dept ($228k) and Aquinas High School Endowment Fund ($228k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $2.8m against liabilities of $304k, net assets of $2.5m.