Catholic Charities Diocese of St Petersburg Inc

Analysis

Catholic Charities Diocese of St Petersburg Inc is a registered charity in United States, based in Seminole, FL. 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 (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, Catholic Charities Diocese of St Petersburg Inc reported income of $14.2m and spending of $12.3m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $14.2m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities Diocese of St Petersburg 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 97th percentile within FL. Charities of a similar size with the same main cause include Houston Area Community Development Corporation ($14.2m), Jewish Community Center of Orange County ($14.3m) and New York Foundation for Senior Citizens Inc ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $267k (2.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $9.7m against liabilities of $7.6m, net assets of $2.1m. It reported 174 employees.