Catholic Charities Inc Archdiocese of Hartford

Analysis

Catholic Charities Inc Archdiocese of Hartford is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Catholic Charities Inc Archdiocese of Hartford reported income of $28.7m and spending of $29.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.9m to $28.7m (+20%), an average of +4.7% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities Inc Archdiocese of Hartford sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within CT. Charities of a similar size with the same main cause include Preble Street ($28.7m), Asbury Inc ($28.7m) and Latino Network ($28.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $491k (1.7% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $25.9m against liabilities of $9.4m, net assets of $16.5m. It reported 444 employees.