Catholic University of America
Analysis
Catholic University of America is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2023, Catholic University of America reported income of $388.3m and spending of $386.6m, spending 100% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $338.9m to $388.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to April 2020, when income rose by 38%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Catholic University of America sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within DC. Charities of a similar size with the same main cause include Wellesley College ($385.6m), Elon University ($389.1m) and Yeshiva University ($382.4m).
On its Form 990 for the period ending April 2023, revenue came from contributions and grants 17% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $4.9m (1.3% of expenses). Other salaries and wages came to $123.2m. It paid $142k in professional fundraising fees. At year end it held assets of $918.0m against liabilities of $266.5m, net assets of $651.5m. It reported 3,892 employees.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 75%
- Other 8.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wellesley College | Wellesley | $385.6m |
| Elon University | Elon | $389.1m |
| Yeshiva University | New York | $382.4m |
| Renaissance Charter School Inc | Ft Lauderdale | $389.7m |