My Catholic Life Inc

Analysis

My Catholic Life Inc is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, My Catholic Life Inc reported income of $205k and spending of $153k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $205k (+94%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 94%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, My Catholic Life Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include First Baptist Church ($205k), First United Methodist Church of Wilson Endowment Fund a Non-Pro ($205k) and God Quest Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. Other salaries and wages came to $20k. At year end it held assets of $77k against liabilities of $366, net assets of $77k. It reported 1 employees.