Igivecatholic

Analysis

Igivecatholic is a registered charity in United States, based in New Orleans, LA. 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).

In the financial year ending June 2023, Igivecatholic reported income of $6.0m and spending of $6.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $6.0m (+126%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Igivecatholic sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Society for Information Display ($5.9m), The Riverbend Center for Montessori Excellence Inc ($6.0m) and Munson Dialysis Center ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. At year end it held assets of $152k against liabilities of $65k, net assets of $86k.