Catalyst Ministries

Analysis

Catalyst Ministries is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in July 2017, 9 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, Catalyst Ministries reported income of $111k and spending of $112k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $111k (+10%), an average of +10% a year. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catalyst Ministries sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Strong Outreach Ministries ($111k), Gomotion Worldwide Inc ($111k) and Amen Group Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.1% of the total. At year end it held assets of $46k against liabilities of $61k, net assets of -$14k.