Catholic Charities- Diocese of Metuchen

Analysis

Catholic Charities- Diocese of Metuchen is a registered charity in United States, based in Perth Amboy, 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).

In the financial year ending June 2023, Catholic Charities- Diocese of Metuchen reported income of $39.8m and spending of $39.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.3m to $39.8m (+16%), an average of +3.8% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities- Diocese of Metuchen sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Impact Community Action Partnership Inc ($39.8m), Center for Human Services Inc ($39.8m) and Associated Students of San Diego State University ($39.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $903k (2.3% of expenses). Other salaries and wages came to $20.2m. At year end it held assets of $29.7m against liabilities of $10.5m, net assets of $19.1m. It reported 643 employees.