Notre Dame Village

Analysis

Notre Dame Village is a registered charity in United States, based in Chardon, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Notre Dame Village reported income of $3.9m and spending of $4.7m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $3.9m (+108%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Notre Dame Village sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Eastern Carolina Workforce Development Board Inc ($3.9m), Bainbridge Performing Arts ($3.9m) and Jewish Community Center of Allentown Pennsylvania ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $45.6m against liabilities of $49.7m, net assets of -$4.0m.

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.