Notre Dame Academy Foundation

Analysis

Notre Dame Academy Foundation is a registered charity in United States, based in Toledo, 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 Academy Foundation reported income of $679k and spending of $428k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $590k to $679k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2021, when income rose by 144%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Notre Dame Academy Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within OH. Charities of a similar size with the same main cause include United States Association for Small Business and Entrepreneurship ($679k), Byron S Swearingen Trust 8350 TW 51288 Nect ($679k) and Fresno & Vicinity Sheet Metal Industry Apprent & Train TR Fund ($678k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $9.7m against liabilities of $0, net assets of $9.7m.