Catholic Investment Services Inc

Analysis

Catholic Investment Services Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Catholic Investment Services Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Investment Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Purdue Christian Campus House Inc ($2.2m), The El Segundo Educational Foundation ($2.2m) and Westview Boys Home Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $341k (16% of expenses). Other salaries and wages came to $874k. At year end it held assets of $1.1m against liabilities of $555k, net assets of $588k. It reported 6 employees.