Catholic Family & Community Services

Analysis

Catholic Family & Community Services is a registered charity in United States, based in Paterson, NJ. 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 Family & Community Services reported income of $19.1m and spending of $18.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.7m to $19.1m (+8.0%), an average of +2.0% a year. 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 Family & Community Services sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NJ. Charities of a similar size with the same main cause include Central Clinic Inc ($19.1m), The Washington Center for Internships and Academic Seminars ($19.1m) and National Bleeding Disorders Foundation ($19.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $179k (1.0% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $3.9m against liabilities of $2.1m, net assets of $1.8m. It reported 216 employees.