John Paul II Shrine and Institute Inc

Analysis

John Paul II Shrine and Institute Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in February 1989, 37 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, John Paul II Shrine and Institute Inc reported income of $11.5m and spending of $11.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.0m to $11.5m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, John Paul II Shrine and Institute Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Central Valley Opportunity Center ($11.5m), South Middlesex Non-Profit Housing Corporation ($11.6m) and Spanish American Civic Association for Equality Inc ($11.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.3% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $51.5m against liabilities of $12.3m, net assets of $39.3m. It reported 20 employees.