Catholic Charities of the Diocese of Rockville Centre

Analysis

Catholic Charities of the Diocese of Rockville Centre is a registered charity in United States, based in Hicksville, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Catholic Charities of the Diocese of Rockville Centre reported income of $36.9m and spending of $37.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35.8m to $36.9m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities of the Diocese of Rockville Centre sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Rincon de Los Esteros Inc ($36.9m), Point University Inc ($37.0m) and Wellpoint Care Network Inc ($36.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $984k (2.7% of expenses). Other salaries and wages came to $18.2m. It paid $90k in professional fundraising fees. At year end it held assets of $31.0m against liabilities of $9.9m, net assets of $21.2m. It reported 512 employees.