Catholic Medical Association

Analysis

Catholic Medical Association is a registered charity in United States, based in Ft Washington, PA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catholic Medical Association reported income of $1.6m and spending of $1.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.6m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Medical Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.6m), Operating Eng Skill Improvement & Joint Apprenticeship Committee ($1.6m) and Margaret Smith Weeks & Marie Stuart Smith Memorial Charitable Trust ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $228k (13% of expenses). Other salaries and wages came to $295k. At year end it held assets of $988k against liabilities of $557k, net assets of $432k. It reported 10 employees.