Catalyst Ministries

Analysis

Catalyst Ministries is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Catalyst Ministries reported income of $369k and spending of $390k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $247k to $369k (+50%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Catalyst Ministries sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include A Perfect Love ($369k), Dail Community of U S a Inc ($369k) and The American-Haitian Foundation ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $45k (12% of expenses). Other salaries and wages came to $123k. At year end it held assets of $1.0m against liabilities of $486k, net assets of $532k.