Foundation for Catholic Education Inc
Analysis
Foundation for Catholic Education Inc is a registered charity in United States, based in Wilmot, NH. It received its IRS tax-exemption ruling in August 2017, 9 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 2024, Foundation for Catholic Education Inc reported income of $159k and spending of $165k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $147k to $159k (+7.9%), an average of +7.9% a year. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Catholic Education Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within NH. Charities of a similar size with the same main cause include Saint Pauls Carnival Association Inc ($159k), Crestwood School of Hattiesburg ($159k) and Gadsden State Cardinal Foundation ($159k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $16k against liabilities of $7,594, net assets of $8,622.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Saint Pauls Carnival Association Inc | Pass Chris | $159k |
| Crestwood School of Hattiesburg | Hattiesburg | $159k |
| Gadsden State Cardinal Foundation | Gadsden | $159k |
| Augusta Military Academy Alumni Foundation Inc | Fort Defiance | $159k |