Ursuline High School Endowment Fund

Analysis

Ursuline High School Endowment Fund is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in September 2016, 10 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 June 2023, Ursuline High School Endowment Fund reported income of $600k and spending of $309k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $580k to $600k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to June 2020, when income rose by 79%. Over the whole period it spent 34% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ursuline High School Endowment Fund sits at the 70th 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 73rd percentile within OH. Charities of a similar size with the same main cause include Hashevaynu Inc ($600k), Independent School of Winchester ($600k) and Fishers High School Band Boosters ($600k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $8.3m against liabilities of $0, net assets of $8.3m.