Catholic Charities Foundation

Analysis

Catholic Charities Foundation is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Foundation reported income of $3.2m and spending of $796k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $501k to $3.2m (+530%), an average of +58% a year. The sharpest change came in the year to December 2021, when income rose by 589%. Over the whole period it spent 28% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Charities Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Horizon Initiative ($3.2m), East Valley JCC ($3.2m) and Yeshiva Imrei Bina Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $15.2m against liabilities of $714k, net assets of $14.5m.