Association for Catholic Formation and Leadership Inc

Analysis

Association for Catholic Formation and Leadership Inc is a registered charity in United States, based in Englewood, CO. 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).

In the financial year ending December 2023, Association for Catholic Formation and Leadership Inc reported income of $105k and spending of $116k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $105k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association for Catholic Formation and Leadership Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within CO. Charities of a similar size with the same main cause include Warren Family Institute Inc ($105k), Child Evangelism Outreach Inc ($105k) and Meeting Professionals International ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.