The Evangelical Catholic Inc

Analysis

The Evangelical Catholic Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 1999, 27 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 June 2023, The Evangelical Catholic Inc reported income of $2.8m and spending of $3.1m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.8m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Evangelical Catholic Inc 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 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Love Serve Remember Foundation ($2.8m), Tomchei Israel ($2.8m) and Mi Casa My House Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $176k (5.7% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $953k against liabilities of $377k, net assets of $576k. It reported 28 employees.