Catch the Next Inc

Analysis

Catch the Next Inc is a registered charity in United States, based in West Haven, CT. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Catch the Next Inc reported income of $444k and spending of $403k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $411k to $444k (+7.9%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catch the Next Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Ohio County Eagles Booster Inc ($444k), Illinois Reading Council Inc ($444k) and Somerset Community College Foundation Inc ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $100k (25% of expenses). Other salaries and wages came to $101k. At year end it held assets of $85k against liabilities of $4,516, net assets of $81k. It reported 9 employees.