Catholic Charities Indianapolis Inc

Analysis

Catholic Charities Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, Catholic Charities Indianapolis Inc reported income of $10.4m and spending of $8.0m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $10.4m (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities Indianapolis 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 96th percentile within IN. Charities of a similar size with the same main cause include Beaufort Jasper Economic Opportunity Commission Inc ($10.4m), Ross County Community Action Commission Inc ($10.4m) and Hospice of Dubuque ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $13.1m against liabilities of $925k, net assets of $12.2m. It reported 135 employees.