Ursuline Sisters Mission

Analysis

Ursuline Sisters Mission is a registered charity in United States, based in Canfield, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 2023, Ursuline Sisters Mission reported income of $1.5m and spending of $1.8m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $112k to $1.5m (+1219%), an average of +91% a year. The sharpest change came in the year to June 2023, when income rose by 1154%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ursuline Sisters Mission sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Walnut Creek Education Foundation K-12 ($1.5m), United Way of Bay County Inc ($1.5m) and Field & Fork Network Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $108k (5.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $3.0m against liabilities of $2.7m, net assets of $292k. It reported 66 employees.