Collegia Catholic Boston Funding Corp

Analysis

Collegia Catholic Boston Funding Corp is a registered charity in United States, based in Holliston, MA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Collegia Catholic Boston Funding Corp reported income of $562k and spending of $262k, leaving 53% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $30k to $562k (+1749%), an average of +330% a year. The sharpest change came in the year to June 2022, when income rose by 426%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Collegia Catholic Boston Funding Corp sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include New Vision for Christ Ministries Inc ($562k), Trinity Community Connection Inc ($562k) and Tao and Zen Society of USA ($562k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $80k. At year end it held assets of $410k against liabilities of $6,958, net assets of $403k. It reported 1 employees.