Catholic Foundation for the Archdiocese of Dubuque

Analysis

Catholic Foundation for the Archdiocese of Dubuque is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Foundation for the Archdiocese of Dubuque reported income of $10.1m and spending of $3.6m, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.9m to $10.1m (-56%), an average of -18% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 28% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Foundation for the Archdiocese of Dubuque 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 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Desiring God Ministries ($10.1m), Community Association of Progressive Dominicans Inc ($10.1m) and Haven of Our Lady of Peace Inc ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $136k (3.8% of expenses). Other salaries and wages came to $59k. At year end it held assets of $146.8m against liabilities of $33.2m, net assets of $113.6m. It reported 2 employees.