Catholic Family Service Inc

Analysis

Catholic Family Service Inc is a registered charity in United States, based in Amarillo, 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 Family Service Inc reported income of $4.8m and spending of $4.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $4.8m (+97%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 70%. 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 Family Service Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Roxbury Stone House Inc ($4.7m), United Jewish Council of the East Side Inc ($4.8m) and Wings of Hope and Palliative Care Inc ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $79k (1.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.6m against liabilities of $1.2m, net assets of $3.5m. It reported 95 employees.