Catalyst Housing Inc

Analysis

Catalyst Housing Inc is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Catalyst Housing Inc reported income of $202k and spending of $231k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $194k to $202k (+3.9%), an average of +1.0% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Catalyst Housing Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Houston Area Urban Community Development Corporation ($202k), Three Rivers United Temporary Housing Inc ($202k) and Bayonne Community Action Project Inc ($202k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $408k against liabilities of $450k, net assets of -$41k.