Catholics United for the Poor

Analysis

Catholics United for the Poor is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in February 1986, 40 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, Catholics United for the Poor reported income of $391k and spending of $384k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $391k (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 244%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholics United for the Poor sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Marthas Vineyard Striped Bass and Bluefish Derby Inc ($391k), Valley Youth Hockey Association Inc ($391k) and Union Labor Housing Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $841k against liabilities of $114k, net assets of $728k.