Community Catalysts

Analysis

Community Catalysts is a registered charity in United States, based in Howell, MI. It received its IRS tax-exemption ruling in June 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Catalysts reported income of $251k and spending of $160k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $251k (+137%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Catalysts sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Main Street Ministries Inc ($251k), Casa Del Pueblo II ($251k) and Helping Hands Ministries ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $99k (61% of expenses). Other salaries and wages came to $16k. At year end it held assets of $4.0m against liabilities of $61k, net assets of $3.9m. It reported 2 employees.