Catholic Charities of the Diocese of Winona-Rochester
Analysis
Catholic Charities of the Diocese of Winona-Rochester is a registered charity in United States, based in Winona, MN. 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Catholic Charities of the Diocese of Winona-Rochester reported income of $4.8m and spending of $5.3m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $4.8m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities of the Diocese of Winona-Rochester sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Lifeline for the Empowerment & Development of Consumers Inc ($4.8m), Northwest Community Action Inc ($4.8m) and Providence Trinitycare Hospice Foundation ($4.8m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Other salaries and wages came to $3.0m. It paid $276k in professional fundraising fees. At year end it held assets of $3.0m against liabilities of $415k, net assets of $2.6m.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 20%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lifeline for the Empowerment & Development of Consumers Inc | Painesville | $4.8m |
| Northwest Community Action Inc | Badger | $4.8m |
| Providence Trinitycare Hospice Foundation | Torrance | $4.8m |
| Safehome Inc | Overland Park | $4.8m |