Roman Catholic Archdiocese of Nassau Inc

Analysis

Roman Catholic Archdiocese of Nassau Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Roman Catholic Archdiocese of Nassau Inc reported income of $1.4m and spending of $2.0m, spending 140% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $567k to $1.4m (+148%), an average of +26% a year. The sharpest change came in the year to August 2020, when income rose by 709%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Roman Catholic Archdiocese of Nassau Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include International Bluegrass Music Association Inc ($1.4m), United Compassion Fund Inc ($1.4m) and Fanatics All in Foundation ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $9.6m against liabilities of $30k, net assets of $9.6m.