Catholic Charities of the Archdiocese of Washington Inc

Analysis

Catholic Charities of the Archdiocese of Washington Inc is a registered charity in United States, based in Washington, DC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catholic Charities of the Archdiocese of Washington Inc reported income of $57.1m and spending of $53.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $40.9m to $57.1m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2020, when income rose by 29%. 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 of the Archdiocese of Washington Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within DC. Charities of a similar size with the same main cause include Federated Transportation Services of the Bluegrass Inc ($57.0m), Community Bridges Inc ($57.3m) and Catholic Charities of Los Angeles ($56.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $1.3m (2.4% of expenses). At year end it held assets of $73.8m against liabilities of $17.1m, net assets of $56.7m. It reported 429 employees.