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Community Catalyst Inc

RegisteredEIN 04-3355127Boston, MAHealth and saving lives
Income$54.2m2023-12
Spending$42.1msame year
Spent / received82%5-year average
Size in its cause93rd pctHealth and saving lives
Exempt since1997Publicly supported organisat
Employees123latest return

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

$0$15.9m$31.7m$47.6m$63.5m2019 Income: $13,247,1782019 Spending: $17,969,30620192020 Income: $30,408,6922020 Spending: $26,009,53320202021 Income: $63,488,2672021 Spending: $34,670,70120212022 Income: $33,479,6842022 Spending: $38,757,81720222023 Income: $54,195,2182023 Spending: $42,128,2812023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Program services 1.7%
  • Other 2.9%

Similar-sized charities, same cause

CharityLocationIncome
Memorial Community Hospital CorporationBlair$54.1m
Fulton County Medical CenterMC Connellsbg$54.2m
Blue Ridge Healthcare Medical Group IncMorganton$54.1m
New Jersey Organ and Tissue Sharing Network IncNew Providnce$54.2m