Catholic Charities of the Archdiocese of Indianapolis Inc

Analysis

Catholic Charities of the Archdiocese of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) 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 Indianapolis Inc reported income of $305k and spending of $391k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $336k to $305k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 124% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Charities of the Archdiocese of Indianapolis Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Its a New Day Inc ($304k), Latin American Christian Covenant Fellowship Inc ($305k) and Marys Children Inc ($304k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $930k against liabilities of $7,646, net assets of $922k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.