Catholic Charities West Michigan

Analysis

Catholic Charities West Michigan is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Catholic Charities West Michigan reported income of $18.6m and spending of $18.2m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $19.3m to $18.6m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to September 2021, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities West Michigan sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Mountain Valleys Health Centers ($18.6m), Kreider Services Inc ($18.6m) and Facing Hunger Foodbank Inc ($18.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $499k (2.7% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $14.8m against liabilities of $6.8m, net assets of $7.9m. It reported 334 employees.