Katartizo

Analysis

Katartizo is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Katartizo reported income of $364k and spending of $321k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $258k to $364k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Katartizo sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Feds 4 Med Freedom Inc ($364k), Irondequoit Community Cupboard Inc ($364k) and Virgin Valley Family Services Inc ($363k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $5,100 (1.6% of expenses). Other salaries and wages came to $100k. At year end it held assets of $1.0m against liabilities of $192k, net assets of $828k. It reported 3 employees.