Catholic Charities Community Services Odessa Inc

Analysis

Catholic Charities Community Services Odessa Inc is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in November 1988, 38 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 Community Services Odessa Inc reported income of $743k and spending of $633k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $597k to $743k (+24%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities Community Services Odessa Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include The Arc of Moore County Inc ($743k), Crisis Center & Womens Shelter Inc ($743k) and Trinity Presbyterian Schools Inc ($742k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $77k (12% of expenses). Other salaries and wages came to $282k. At year end it held assets of $2.2m against liabilities of $2,336, net assets of $2.2m. It reported 20 employees.