Catholic Charities Bureau Inc

Analysis

Catholic Charities Bureau Inc is a registered charity in United States, based in Superior, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Bureau Inc reported income of $2.4m and spending of $2.9m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.4m to $2.4m (-28%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities Bureau Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include South Georgia Medical Center Foundation Inc ($2.4m), United States Law Enforcement Foundation Inc ($2.4m) and Boys & Girls Club of East Providence Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $291k (10% of expenses). Other salaries and wages came to $612k. At year end it held assets of $14.8m against liabilities of $2.3m, net assets of $12.5m. It reported 681 employees.