Catherines House

Analysis

Catherines House is a registered charity in United States, based in Belmont, NC. It received its IRS tax-exemption ruling in September 1990, 36 years ago. 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 June 2023, Catherines House reported income of $856k and spending of $715k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $652k to $856k (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catherines House sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Temporary Emergency Services Inc ($856k), Sunshine Montessori School Inc ($856k) and United Way of the Yampa Valley ($856k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $118k (17% of expenses). Other salaries and wages came to $358k. At year end it held assets of $1.5m against liabilities of $39k, net assets of $1.4m. It reported 23 employees.