St Elizabeth Catholic Charities Inc

Analysis

St Elizabeth Catholic Charities Inc is a registered charity in United States, based in New Albany, 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, St Elizabeth Catholic Charities Inc reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.9m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Elizabeth Catholic Charities Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Eos-Esd Association Inc ($1.9m), Living Word Ministries International Inc ($1.9m) and Waipa Foundation ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 28% of the total. Other salaries and wages came to $853k. At year end it held assets of $3.3m against liabilities of $111k, net assets of $3.2m. It reported 43 employees.