Catholic Eldercare Community Services Corporation

Analysis

Catholic Eldercare Community Services Corporation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Catholic Eldercare Community Services Corporation reported income of $4.9m and spending of $4.3m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.4m to $4.9m (+46%), an average of +9.8% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Catholic Eldercare Community Services Corporation sits at the 79th percentile: it is larger than about 79% 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 Catholic Foundation of Intermountain Health Inc ($4.9m), Racing for Recovery ($4.9m) and Visiting Nurse Association of Utica and Oneida County Inc ($4.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. At year end it held assets of $10.8m against liabilities of $6.0m, net assets of $4.8m.