Catholic Shrine Pilgrimage Inc

Analysis

Catholic Shrine Pilgrimage Inc is a registered charity in United States, based in Swansea, IL. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 January 2024, Catholic Shrine Pilgrimage Inc reported income of $342k and spending of $473k, spending 138% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $1.2m to $342k (-71%), an average of -27% a year. The sharpest change came in the year to January 2021, when income dropped by 74%. Over the whole period it spent 141% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Shrine Pilgrimage Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Aharon Sofer Memorial Fund Inc ($342k), Woolman Hill Inc ($342k) and Holy Fire Dynamic Word International Church Inc ($342k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 1.8% and program service revenue 78% of the total. Other salaries and wages came to $214k. At year end it held assets of $820k against liabilities of $24k, net assets of $797k. It reported 10 employees.

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.