St Catherine Center for Special Needs Inc

Analysis

St Catherine Center for Special Needs Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Catherine Center for Special Needs Inc reported income of $3.7m and spending of $3.0m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.5m to $3.7m (+53%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 188%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Catherine Center for Special Needs Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Homes with Hope Inc ($3.7m), Connecticut Assn for Comm Action ($3.7m) and Home Sweet Home Ministries Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $161k (5.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $13.2m against liabilities of $1.2m, net assets of $11.9m. It reported 55 employees.