Angela Merici and John Henry Newman Foundation Inc

Analysis

Angela Merici and John Henry Newman Foundation Inc is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Angela Merici and John Henry Newman Foundation Inc reported income of $2.0m and spending of $1.5m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.1m to $2.0m (-36%), an average of -11% a year. The sharpest change came in the year to June 2023, when income rose by 517%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angela Merici and John Henry Newman Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Veritas School ($2.0m), Centreville Academy Inc ($2.0m) and Aurora Waldorf School ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.