Friends of Caritas Academy of the Sacred and Immaculate Hearts Inc

Analysis

Friends of Caritas Academy of the Sacred and Immaculate Hearts Inc is a registered charity in United States, based in Cheektowaga, NY. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Caritas Academy of the Sacred and Immaculate Hearts Inc reported income of $179k and spending of $185k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $189k to $179k (-5.3%), an average of -5.3% a year. 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, Friends of Caritas Academy of the Sacred and Immaculate Hearts Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include St Cloud State College Alumni Association ($179k), Egia Foundation ($179k) and Summerville Nursery School ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 84% of the total. Other salaries and wages came to $101k. At year end it held assets of $7,966 against liabilities of $0, net assets of $7,966. It reported 9 employees.