Catholic Charities Inc

Analysis

Catholic Charities Inc is a registered charity in United States, based in Ridgeland, MS. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catholic Charities Inc reported income of $7.6m and spending of $7.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $7.6m (+7.2%), an average of +1.8% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities Inc 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 94th percentile, and in the 95th percentile within MS. Charities of a similar size with the same main cause include Federation Day Care Services ($7.6m), Hope Through Housing Foundation ($7.6m) and Girls Incorporated of Alameda County ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $5.2m against liabilities of $3.8m, net assets of $1.5m. It reported 137 employees.