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Dynamic Catholic Institute

RegisteredEIN 26-4549213Cincinnati, OHReligion
Income$23.8m2023-12
Spending$28.5msame year
Spent / received88%5-year average
Size in its cause100th pctReligion
Exempt since2010Publicly supported organisat
Employees108latest return

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

$0$7.1m$14.3m$21.4m$28.5m2019 Income: $24,488,3562019 Spending: $21,048,42920192020 Income: $24,260,0442020 Spending: $17,377,76420202021 Income: $24,743,2012021 Spending: $18,051,42620212022 Income: $28,254,0262022 Spending: $25,372,08920222023 Income: $23,782,7772023 Spending: $28,504,4812023
IncomeSpending

Where the income comes from

  • Contributions & grants 93%
  • Program services 1.5%
  • Other 5.3%

Similar-sized charities, same cause

CharityLocationIncome
Omega Charitable Developers IncHouston$23.5m
Mission of HopeCedar Park$23.8m
Marvin M Schwan Charitable FoundationEarth City$23.4m
Truth for LifeSolon$24.0m