Catholic Charities Inc

Analysis

Catholic Charities Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Catholic Charities Inc reported income of $13.8m and spending of $14.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $14.4m to $13.8m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include Seniorcare Inc ($13.8m), YMCA of Metuchen NJ ($13.8m) and Mercy Chefs Inc ($13.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $190k (1.4% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $24.8m against liabilities of $3.8m, net assets of $21.0m. It reported 273 employees.