Catholic Charities of Staten Island Inc

Analysis

Catholic Charities of Staten Island Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in October 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Charities of Staten Island Inc reported income of $15.1m and spending of $14.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.3m to $15.1m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities of Staten Island Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Family & Childrens Agency Inc ($15.1m), Leo Inc ($15.1m) and Mohawk Valley Community Action Agency Inc ($15.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $475k (3.2% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $15.0m against liabilities of $5.4m, net assets of $9.6m. It reported 285 employees.