Institute for Advanced Catholic Studies

Analysis

Institute for Advanced Catholic Studies is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Institute for Advanced Catholic Studies reported income of $443k and spending of $803k, spending 181% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $443k (-73%), an average of -28% a year. The sharpest change came in the year to June 2023, when income dropped by 48%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute for Advanced Catholic Studies sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Alaska Mission for Christ ($443k), Church of Christ Ghana Inc ($443k) and Here I Am Charitable Foundation ($443k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $138k (17% of expenses). Other salaries and wages came to $213k. At year end it held assets of $9.2m against liabilities of $46k, net assets of $9.1m. It reported 5 employees.