Foundations and Donors Interest in Catholic Activities

Analysis

Foundations and Donors Interest in Catholic Activities is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1976, 50 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Foundations and Donors Interest in Catholic Activities reported income of $1.3m and spending of $2.4m, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.3m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income rose by 191%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundations and Donors Interest in Catholic Activities sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 60th percentile within DC. Charities of a similar size with the same main cause include Barth Syndrome Foundation Inc ($1.3m), Roy H Laird Memorial Hospital Foundation Inc ($1.3m) and Hampshire Community United Way ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $315k (13% of expenses). Other salaries and wages came to $685k. At year end it held assets of $9.4m against liabilities of $256k, net assets of $9.1m. It reported 11 employees.