Catholic Charities of the Archdiocese of St Paul & MPLS

Analysis

Catholic Charities of the Archdiocese of St Paul & MPLS is a registered charity in United States, based in Minneapolis, 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 publicly supported organisation (gross receipts test) 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 Archdiocese of St Paul & MPLS reported income of $68.2m and spending of $61.2m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $52.8m to $68.2m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income rose by 48%. 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 of the Archdiocese of St Paul & MPLS sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include YMCA of the North Shore Inc ($68.0m), Solano Family & Childrens Council ($68.2m) and Community Action Project of Tulsa County Inc ($67.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $1.6m (2.6% of expenses). Other salaries and wages came to $27.3m. It paid $2,692 in professional fundraising fees. At year end it held assets of $171.0m against liabilities of $60.0m, net assets of $111.0m. It reported 772 employees.