Catholic Resource Ministries

Analysis

Catholic Resource Ministries is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2024, Catholic Resource Ministries reported income of $84k and spending of $49k, leaving 42% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $71k to $84k (+18%), an average of +18% a year. The sharpest change came in the year to July 2024, when income rose by 18%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Resource Ministries sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Feeding Accepting Inspiring the Hurting ($84k), Linstitut Biblique Logos Inc ($84k) and Broadway Church of the Nazarene ($84k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 2.3% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.