Catholic Charities of the Archdiocese of Omaha Inc

Analysis

Catholic Charities of the Archdiocese of Omaha Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2023, Catholic Charities of the Archdiocese of Omaha Inc reported income of $9.3m and spending of $10.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $9.3m (+124%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities of the Archdiocese of Omaha Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NE. Charities of a similar size with the same main cause include Lincoln University ($9.3m), Habitat for Humanity International Inc ($9.3m) and Greater Rochester Regional Healthinformation Organization Inc ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $323k (3.2% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.8m against liabilities of $827k, net assets of $3.0m. It reported 87 employees.