Catholic Charities Bloomington Inc
Analysis
Catholic Charities Bloomington Inc is a registered charity in United States, based in Bloomington, IN. 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 June 2023, Catholic Charities Bloomington Inc reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.4m to $1.4m (-4.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 16%. Over the whole period it spent 103% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities Bloomington Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Mercy Conference and Retreat Center ($1.4m), Avoyelles Parish Council on the Aging ($1.4m) and Options Unlimited Inc ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $979k. At year end it held assets of $495k against liabilities of $944k, net assets of -$449k. It reported 35 employees.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mercy Conference and Retreat Center | Saint Louis | $1.4m |
| Avoyelles Parish Council on the Aging | Marksville | $1.4m |
| Options Unlimited Inc | Shepherdsvlle | $1.4m |
| The Virginia Symphony Foundation | Norfolk | $1.4m |