Catholic Charities Inc

Analysis

Catholic Charities Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Inc reported income of $11.2m and spending of $11.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $11.2m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income rose by 81%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities 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 95th percentile within KS. Charities of a similar size with the same main cause include Meals on Wheels Plus of Manatee Inc ($11.2m), Young Mens Christian Association of Southeast Ventura County ($11.2m) and Junta de Accion Puertorriquena Inc Puerto Rican Action Board Inc ($11.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $274k (2.5% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $18.5m against liabilities of $606k, net assets of $17.9m. It reported 168 employees.