Catholic Charities of Corpus Christi Inc

Analysis

Catholic Charities of Corpus Christi Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Corpus Christi Inc reported income of $1.6m and spending of $1.8m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.6m (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 107% 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 Corpus Christi Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Garden-Empire Volleyball Association ($1.6m), Prader-Willi Syndrome Association ($1.6m) and Staten Island Community Television Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.5% of the total. Other salaries and wages came to $839k. At year end it held assets of $4.0m against liabilities of $512k, net assets of $3.5m. It reported 37 employees.