Catholics United for the Faith

Analysis

Catholics United for the Faith is a registered charity in United States, based in Hopedale, OH. It received its IRS tax-exemption ruling in December 1968, 58 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, Catholics United for the Faith reported income of $405k and spending of $294k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $405k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholics United for the Faith sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Sunshine Station Child Care Center ($405k), Linn-Mar School Foundation ($405k) and Arc of San Juan County Inc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $103k (35% of expenses). Other salaries and wages came to $107k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 7 employees.