Catholic Guardian Services

Analysis

Catholic Guardian Services is a registered charity in United States, based in Bronx, 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 June 2023, Catholic Guardian Services reported income of $84.3m and spending of $84.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $77.7m to $84.3m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Guardian Services 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 Maryland Family Care Inc ($84.2m), The Energy Foundation ($84.5m) and Share Our Strength ($83.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $1.2m (1.4% of expenses). Other salaries and wages came to $39.4m. At year end it held assets of $43.8m against liabilities of $18.1m, net assets of $25.7m. It reported 872 employees.