Catholic Star Herald

Analysis

Catholic Star Herald is a registered charity in United States, based in Camden, NJ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Catholic Star Herald reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+11%), an average of +2.6% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Star Herald sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Rebbe Talmid Inc ($1.3m), Protestant Episcopal Church in the Diocese of Georgia Inc ($1.3m) and Delight Ministries ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 72% of the total. Compensation of current officers, directors and key employees was $133k (10% of expenses). Other salaries and wages came to $324k. At year end it held assets of $339k against liabilities of $1.1m, net assets of -$761k. It reported 7 employees.