Catholic Charities Housing Development Corporation

Analysis

Catholic Charities Housing Development Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2023, Catholic Charities Housing Development Corporation reported income of $2.1m and spending of $3.2m, spending 151% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $2.1m (+61%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 659%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Catholic Charities Housing Development Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include D O V E Center Inc ($2.1m), Las Torres ($2.1m) and Cascap Realty Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.6% and program service revenue 65% of the total. Other salaries and wages came to $581k. At year end it held assets of $40.0m against liabilities of $22.0m, net assets of $18.0m.