Cathedral Terrace Inc

Analysis

Cathedral Terrace Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 1973, 53 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Cathedral Terrace Inc reported income of $97k and spending of $717k, spending 741% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $151k to $97k (-36%), an average of -11% a year. The sharpest change came in the year to September 2020, when income dropped by 23%. Over the whole period it spent 282% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cathedral Terrace Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Argonaut House 2 ($97k), Moshannon Housing Corporation ($97k) and Echols Place Corporation ($97k).

At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.