Catalyst of San Diego & Imperial Counties

Analysis

Catalyst of San Diego & Imperial Counties is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Catalyst of San Diego & Imperial Counties reported income of $10.1m and spending of $9.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $10.1m (+253%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 261%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Catalyst of San Diego & Imperial Counties sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Moriah Foundation ($10.0m), Oprah Winfrey Leadership Academy Foundation ($10.1m) and Family Assistance Ministries ($10.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $167k (1.7% of expenses). Other salaries and wages came to $910k. At year end it held assets of $8.2m against liabilities of $2.0m, net assets of $6.3m. It reported 13 employees.