Catholic Charities Community Development Corporation

Analysis

Catholic Charities Community Development Corporation is a registered charity in United States, based in Seminole, FL. It received its IRS tax-exemption ruling in March 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Community Development Corporation reported income of $1.4m and spending of $697k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+29%), an average of +6.6% a year. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Catholic Charities Community Development Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Ste Genevieve Co Shelter Workshop ($1.4m), Open Path Center Inc ($1.4m) and Pagosa Springs Community Development Corporation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $370k. At year end it held assets of $5.9m against liabilities of $122k, net assets of $5.7m.