Community Catalyst Inc
Analysis
Community Catalyst Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Community Catalyst Inc reported income of $54.2m and spending of $42.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.2m to $54.2m (+309%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 130%. Over the whole period it spent 82% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Catalyst Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Memorial Community Hospital Corporation ($54.1m), Fulton County Medical Center ($54.2m) and Blue Ridge Healthcare Medical Group Inc ($54.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $1.6m (3.7% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $63.7m against liabilities of $5.0m, net assets of $58.6m. It reported 123 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 1.7%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Memorial Community Hospital Corporation | Blair | $54.1m |
| Fulton County Medical Center | MC Connellsbg | $54.2m |
| Blue Ridge Healthcare Medical Group Inc | Morganton | $54.1m |
| New Jersey Organ and Tissue Sharing Network Inc | New Providnce | $54.2m |