Catholic Charities of the Diocese of Fort Wayne-South Bend Inc

Analysis

Catholic Charities of the Diocese of Fort Wayne-South Bend Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 of the Diocese of Fort Wayne-South Bend Inc reported income of $6.8m and spending of $7.4m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.0m to $6.8m (+72%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities of the Diocese of Fort Wayne-South Bend Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include LA Soupe Inc ($6.8m), Hospice Longview Inc ($6.8m) and Aurora Area Interfaith Food Pantry ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $163k (2.2% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.4m against liabilities of $1.1m, net assets of $4.3m. It reported 178 employees.