Arlington Catholic Herald Inc
Analysis
Arlington Catholic Herald Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Arlington Catholic Herald Inc reported income of $2.6m and spending of $2.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $2.6m (+6.4%), an average of +1.6% a year. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Arlington Catholic Herald Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within VA. Charities of a similar size with the same main cause include Bright Hope International ($2.6m), United Jewish Community of the Virginia Peninsula Inc ($2.6m) and Servants Heart Ministry Corporation ($2.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $195k (6.7% of expenses). Other salaries and wages came to $888k. At year end it held assets of $3.1m against liabilities of $1.7m, net assets of $1.3m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.0%
- Program services 99%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bright Hope International | S Barrington | $2.6m |
| United Jewish Community of the Virginia Peninsula Inc | Newport News | $2.6m |
| Servants Heart Ministry Corporation | Wyckoff | $2.6m |
| China Aid Association Inc | Midland | $2.6m |