Catholic Charities of the Diocese of Joliet

Analysis

Catholic Charities of the Diocese of Joliet is a registered charity in United States, based in Crest Hill, IL. 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 of the Diocese of Joliet reported income of $26.2m and spending of $24.1m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $22.9m to $26.2m (+14%), an average of +4.5% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities of the Diocese of Joliet sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Catholic Social Services ($26.2m), Centerboard Inc ($26.2m) and North American Family Institute Inc ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $332k (1.4% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $27.4m against liabilities of $9.1m, net assets of $18.3m. It reported 318 employees.