Catholic Charities of the Diocese of Rochester

Analysis

Catholic Charities of the Diocese of Rochester is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Catholic Charities of the Diocese of Rochester reported income of $101.5m and spending of $100.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $82.9m to $101.5m (+22%), an average of +5.2% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities of the Diocese of Rochester 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 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Mount Sinai Community Foundation ($101.3m), Alliance of Nonprofits for Insurance Risk Retention Group Inc ($101.6m) and Hospital de LA Concepcion Inc ($101.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $702k (0.7% of expenses). Other salaries and wages came to $43.3m. At year end it held assets of $92.5m against liabilities of $55.1m, net assets of $37.4m. It reported 1,852 employees.