Cathedral High School Foundation

Analysis

Cathedral High School Foundation is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2020, 6 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, Cathedral High School Foundation reported income of $1.5m and spending of $795k, leaving 46% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $20.1m to $1.5m (-93%), an average of -73% a year. The sharpest change came in the year to June 2022, when income dropped by 77%. Over the whole period it spent 8.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cathedral High School Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Western Heights Learning Center Inc ($1.5m), Association for Advancing Quality in Educator Preparation ($1.5m) and Food Marketing Educational Foundation ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $22k (2.7% of expenses). At year end it held assets of $28.1m against liabilities of $3.4m, net assets of $24.6m. It reported 2 employees.