Diocesan Catholic Childrens Home Inc

Analysis

Diocesan Catholic Childrens Home Inc is a registered charity in United States, based in Fort Mitchell, KY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Diocesan Catholic Childrens Home Inc reported income of $8.3m and spending of $7.0m, spending 84% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.6m to $8.3m (+26%), an average of +4.8% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Diocesan Catholic Childrens Home Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Jacksonville Area Legal Aid Inc ($8.3m), Studio in a School Association ($8.3m) and New Horizons Community Support Services Inc ($8.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $246k (3.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $15.0m against liabilities of $572k, net assets of $14.4m. It reported 129 employees.