Catholic Charities-Riviera Manor Inc

Analysis

Catholic Charities-Riviera Manor Inc is a registered charity in United States, based in Seminole, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catholic Charities-Riviera Manor Inc reported income of $232k and spending of $419k, spending 180% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $196k to $232k (+18%), an average of +5.7% a year. Over the whole period it spent 154% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities-Riviera Manor Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Greensburg Community Development Corporation ($232k), Alliance for Education Solutions Inc ($232k) and Kalihi Palama Cuture & Arts Society Inc ($232k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $48k. At year end it held assets of $2.0m against liabilities of $1.4m, net assets of $578k.

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.