Dynamic Catholic Institute
Analysis
Dynamic Catholic Institute is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in August 2010, 16 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, Dynamic Catholic Institute reported income of $23.8m and spending of $28.5m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $24.5m to $23.8m (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 88% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Dynamic Catholic Institute sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Omega Charitable Developers Inc ($23.5m), Mission of Hope ($23.8m) and Marvin M Schwan Charitable Foundation ($23.4m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $400k (1.4% of expenses). Other salaries and wages came to $4.9m. At year end it held assets of $44.4m against liabilities of $4.3m, net assets of $40.1m. It reported 108 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 1.5%
- Other 5.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Omega Charitable Developers Inc | Houston | $23.5m |
| Mission of Hope | Cedar Park | $23.8m |
| Marvin M Schwan Charitable Foundation | Earth City | $23.4m |
| Truth for Life | Solon | $24.0m |