Lithuanian Catholic Press Society

Analysis

Lithuanian Catholic Press Society is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1945, 81 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lithuanian Catholic Press Society reported income of $516k and spending of $517k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $628k to $516k (-18%), an average of -4.8% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Lithuanian Catholic Press Society 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 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Saint Gerard Society Inc ($516k), Beautiful Restoration Inc ($516k) and Foundation for Sephardic Camp ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $225k. At year end it held assets of $46k against liabilities of $0, net assets of $46k. It reported 9 employees.