Our Lady of Walsingham Inc

Analysis

Our Lady of Walsingham Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Our Lady of Walsingham Inc reported income of $503k and spending of $504k, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $419k to $503k (+20%), an average of +9.6% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Lady of Walsingham Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Alleyway Theatre Inc ($503k), Brentwood High School PTO ($503k) and Nevada Homes for Youth Inc ($503k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $303k. At year end it held assets of $587k against liabilities of $0, net assets of $587k. It reported 7 employees.