Catholics Come Home Inc

Analysis

Catholics Come Home Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in April 2008, 18 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 December 2023, Catholics Come Home Inc reported income of $347k and spending of $693k, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $582k to $347k (-40%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 153% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholics Come Home Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Serving Alongside Ministry ($347k), Inspire International ($347k) and Journey Ministries ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $146k (21% of expenses). Other salaries and wages came to $22k. At year end it held assets of $2.9m against liabilities of $49k, net assets of $2.9m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.