Catholic Charities of Ashtabula County

Analysis

Catholic Charities of Ashtabula County is a registered charity in United States, based in Ashtabula, OH. 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 Ashtabula County reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 96% 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 Ashtabula County sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Saint Vincent Depaul Cabrini Conference ($1.6m), Guardians for New Futures Inc ($1.6m) and Cincinnati Soccer Club Ltd ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $92k (5.5% of expenses). Other salaries and wages came to $660k. At year end it held assets of $1.3m against liabilities of $631k, net assets of $714k. It reported 26 employees.