Catholic Family Service

Analysis

Catholic Family Service is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in October 1990, 36 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 2022, Catholic Family Service reported income of $945k and spending of $826k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $912k to $945k (+3.5%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Family Service 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 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include Meals on Wheels of Odessa Incorporated ($945k), Family Medicine Education Consortium Inc ($945k) and Big Brothers Big Sisters of Northwestern Michigan ($944k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 48% and program service revenue 51% of the total. Other salaries and wages came to $489k. At year end it held assets of $1000k against liabilities of $359, net assets of $999k. It reported 13 employees.