Young Catholic Professionals

Analysis

Young Catholic Professionals is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in December 2014, 12 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 December 2023, Young Catholic Professionals reported income of $1.9m and spending of $1.7m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $663k to $1.9m (+183%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Young Catholic Professionals sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Beezrat Hashem Inc ($1.9m), Iglesia de Cristo Elim Central Los Angeles ($1.9m) and Global Trust Partners ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $237k (14% of expenses). Other salaries and wages came to $622k. At year end it held assets of $1.9m against liabilities of $249k, net assets of $1.7m. It reported 15 employees.