Salem Catholic Schools Foundation

Analysis

Salem Catholic Schools Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salem Catholic Schools Foundation reported income of $1.0m and spending of $1.2m, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $3.2m to $1.0m (-67%), an average of -31% a year. The sharpest change came in the year to December 2021, when income dropped by 76%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Salem Catholic Schools Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OR. Charities of a similar size with the same main cause include Logan County Day Service Center for Limited Children Inc ($1.0m), Quilt Inc ($1.0m) and University Tutors for Seattle Schools ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.