Catholic Charities of Northwest Florida Inc

Analysis

Catholic Charities of Northwest Florida Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catholic Charities of Northwest Florida Inc reported income of $3.4m and spending of $3.5m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.3m to $3.4m (-37%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities of Northwest Florida Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Samaritan Daytop Foundation ($3.4m), LA Familia Del Paso Inc ($3.4m) and Potter Childrens Home and Family Ministries Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $229k (6.5% of expenses). At year end it held assets of $3.1m against liabilities of $334k, net assets of $2.8m.