Catholic Charities Diocese of Fort Worth Endowment Inc

Analysis

Catholic Charities Diocese of Fort Worth Endowment Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catholic Charities Diocese of Fort Worth Endowment Inc reported income of $937k and spending of $815k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $937k (-57%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities Diocese of Fort Worth Endowment Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Diabetes Camping & Educational Services Inc ($937k), Christian Renewal Ministries Inc ($937k) and Old Barracks Association ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $16.0m against liabilities of $0, net assets of $16.0m.