Holy Family Communications

Analysis

Holy Family Communications is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Holy Family Communications reported income of $2.0m and spending of $3.1m, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.0m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Holy Family Communications 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 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Experience Mission Inc ($2.0m), Holy Family Catholic Clinic P S ($2.0m) and Saint Benedict Center ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $727k. At year end it held assets of $5.2m against liabilities of $2.5m, net assets of $2.6m. It reported 15 employees.