Catholic Charities Foundation of the Archdiocese of Washington

Analysis

Catholic Charities Foundation of the Archdiocese of Washington is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Catholic Charities Foundation of the Archdiocese of Washington reported income of $2.4m and spending of $188k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $759k to $2.4m (+220%), an average of +34% a year. The sharpest change came in the year to June 2020, when income rose by 473%. Over the whole period it spent 7.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities Foundation of the Archdiocese of Washington sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 70th percentile within DC. Charities of a similar size with the same main cause include The Association for the Study of African American Life and History ($2.4m), Crossroads Behavioral Health Services ($2.4m) and Big Brothers Big Sisters of Utah Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.5% of the total. At year end it held assets of $39.0m against liabilities of $75k, net assets of $39.0m.