Catholic Charities of Dallas Inc

Analysis

Catholic Charities of Dallas Inc is a registered charity in United States, based in Dallas, 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 2024, Catholic Charities of Dallas Inc reported income of $45.3m and spending of $43.8m, spending 97% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $14.6m to $45.3m (+211%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 94% 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 Dallas Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Goodwill Industries of Northern Il & Wi Stateline Area Inc ($45.3m), The Young Mens Christian Association of Floridas First ($45.3m) and Catholic Charitable Bureau of the Archdiocese of Boston Inc ($45.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 88% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $1.1m (2.4% of expenses). Other salaries and wages came to $14.6m. It paid $55k in professional fundraising fees. At year end it held assets of $42.6m against liabilities of $1.9m, net assets of $40.7m. It reported 330 employees.