American Catholic Press

Analysis

American Catholic Press is a registered charity in United States, based in South Holland, 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 December 2023, American Catholic Press reported income of $200k and spending of $213k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $207k to $200k (-3.4%), an average of -0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Catholic Press sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Freetown Lakeville Athletic Association Inc ($200k), Upward Thrive Academy Incorporated ($200k) and Key Peninsula Historic Society ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $85k against liabilities of $88k, net assets of -$2,962.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.