Bishops College School Foundation

Analysis

Bishops College School Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in November 1968, 58 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2024, Bishops College School Foundation reported income of $2.0m and spending of $2.4m, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.6m to $2.0m (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2022, when income dropped by 47%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bishops College School Foundation 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 86th percentile. Charities of a similar size with the same main cause include El Progreso Library ($2.0m), Friends Forever ($2.0m) and Bal Swan Childrens Center ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. At year end it held assets of $32.9m against liabilities of $710k, net assets of $32.2m.