Catholic Charities Diocese of Fort Worth

Analysis

Catholic Charities Diocese of Fort Worth is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 2021, 5 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 December 2023, Catholic Charities Diocese of Fort Worth reported income of $289.0m and spending of $284.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.7m to $289.0m (+811%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 224%. 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 Diocese of Fort Worth sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Second Harvest of Silicon Valley ($286.2m), Kern Regional Center ($292.7m) and Action for Boston Community Development ($284.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $1.0m (0.4% of expenses). Other salaries and wages came to $16.9m. At year end it held assets of $73.1m against liabilities of $39.4m, net assets of $33.7m. It reported 420 employees.