Katartismos Ministries

Analysis

Katartismos Ministries is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in May 1990, 36 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, Katartismos Ministries reported income of $57k and spending of $84k, spending 149% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $57k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Katartismos Ministries 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 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Al-Anon Family Groups of Greater St Louis Inc ($57k), Bia Cares ($57k) and PTA California Congress of Parents Teachers & Students Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $3,735, net assets of $9,093.