Committee for Catholic Secondary Education in Colorado Springs

Analysis

Committee for Catholic Secondary Education in Colorado Springs is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Committee for Catholic Secondary Education in Colorado Springs reported income of $2.7m and spending of $4.0m, spending 145% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.7m (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Committee for Catholic Secondary Education in Colorado Springs sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Alliance for Excellent Education Inc ($2.7m), Orinda Academy ($2.7m) and Montessori Academy Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $100k (2.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.9m against liabilities of $5.0m, net assets of $2.8m. It reported 97 employees.