Catholic Charities of the Diocese of Gary Inc

Analysis

Catholic Charities of the Diocese of Gary Inc is a registered charity in United States, based in Gary, IN. It received its IRS tax-exemption ruling in April 1989, 37 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 Gary Inc reported income of $2.5m and spending of $2.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.2m to $2.5m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2023, when income rose by 236%. Over the whole period it spent 89% 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 Gary Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include North Bosque Volunteer Ems Inc ($2.5m), Hand in Hand ($2.5m) and National Hospice Work Group Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $95k (4.6% of expenses). Other salaries and wages came to $604k. At year end it held assets of $2.4m against liabilities of $165k, net assets of $2.2m. It reported 21 employees.