Catholic Charities Community Services Archdiocese of New York

Analysis

Catholic Charities Community Services Archdiocese of New York is a registered charity in United States, based in New York, 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 August 2023, Catholic Charities Community Services Archdiocese of New York reported income of $87.4m and spending of $85.2m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $65.0m to $87.4m (+34%), an average of +7.7% a year. The sharpest change came in the year to August 2023, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities Community Services Archdiocese of New York sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Fsy LLC ($87.2m), Mount Allison University ($87.5m) and Impactlife ($87.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $494k (0.6% of expenses). Other salaries and wages came to $37.6m. At year end it held assets of $40.9m against liabilities of $33.0m, net assets of $7.8m. It reported 933 employees.