Lithuanian Catholic Religious Aid Inc

Analysis

Lithuanian Catholic Religious Aid Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 1964, 62 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Lithuanian Catholic Religious Aid Inc reported income of $1.2m and spending of $999k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.2m (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lithuanian Catholic Religious Aid Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Mission of Divine Mercy Inc ($1.2m), Truth78 ($1.2m) and Reruns R Fun Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.3% of the total. Compensation of current officers, directors and key employees was $64k (6.4% of expenses). At year end it held assets of $19.7m against liabilities of $3.9m, net assets of $15.8m. It reported 1 employees.