Donnelly College Real Estate Holdings Inc

Analysis

Donnelly College Real Estate Holdings Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Donnelly College Real Estate Holdings Inc reported income of $1.1m and spending of $1.5m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $48 to $1.1m (+2291704%), an average of +1130% a year. The sharpest change came in the year to June 2021, when income rose by 268905%. Over the whole period it spent 170% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Donnelly College Real Estate Holdings Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include Nativity Preparatory School New Bedford Inc ($1.1m), Salem Academy Charter School Foundation Inc ($1.1m) and LA Vida Independent Study Charter School ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16.7m against liabilities of $16.5m, net assets of $151k.

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.