Chateau de Notre Dame Facilities Corporation

Analysis

Chateau de Notre Dame Facilities Corporation is a registered charity in United States, based in Mandeville, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chateau de Notre Dame Facilities Corporation reported income of $2.2m and spending of $4.5m, spending 209% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $2.2m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income dropped by 22%. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chateau de Notre Dame Facilities Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include Habitat for Humanity Detroit ($2.2m), Del Norte Senior Center Inc ($2.2m) and Kimberly Home Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $27.5m against liabilities of $28.6m, net assets of -$1.1m.

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.