Catholic Charities of the Archdiocese of Chicago

Analysis

Catholic Charities of the Archdiocese of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Archdiocese of Chicago reported income of $174.9m and spending of $171.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $152.3m to $174.9m (+15%), an average of +3.5% a year. Over the whole period it spent 97% 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 Archdiocese of Chicago sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IL. Charities of a similar size with the same main cause include NYC School Bus Umbrella Services ($174.4m), Austin Transit Partnership Local Government Corporation ($175.1m) and Adventist Health System Texas Inc ($171.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $2.2m (1.3% of expenses). Other salaries and wages came to $50.6m. It paid $439k in professional fundraising fees. At year end it held assets of $204.1m against liabilities of $75.3m, net assets of $128.8m. It reported 2,057 employees.