Catholic Charities of Southeast Texas

Analysis

Catholic Charities of Southeast Texas is a registered charity in United States, based in Beaumont, TX. 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 (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 of Southeast Texas reported income of $2.9m and spending of $2.9m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.9m (-17%), an average of -4.6% a year. The sharpest change came in the year to June 2022, when income dropped by 63%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities of Southeast Texas sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Anchor House Inc ($2.9m), Bridge of Hope Inc ($2.9m) and Quiet Oaks ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $120k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $7.9m against liabilities of $436k, net assets of $7.4m. It reported 36 employees.