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What Catholics Believe

RegisteredEIN 82-3764102Norwood, OHReligion
Income$60k2023-12
Spending$58ksame year
Spent / received75%2-year average
Size in its cause26th pctReligion
Exempt since2019Publicly supported organisat
Employees–latest return

Analysis

What Catholics Believe is a registered charity in United States, based in Norwood, OH. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, What Catholics Believe reported income of $60k and spending of $58k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $60k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, What Catholics Believe sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include First Baptist Brandon Foundation ($60k), Inner Empowerment Center ($60k) and Royal Ambassadors Ministries Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $170k against liabilities of $0, net assets of $170k.

Income and spending

$0$20k$40k$61k$81k2022 Income: $80,9912022 Spending: $48,15620222023 Income: $60,1912023 Spending: $58,3632023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 4.2%

Similar-sized charities, same cause

CharityLocationIncome
First Baptist Brandon FoundationBrandon$60k
Inner Empowerment CenterTorrance$60k
Royal Ambassadors Ministries IncSugar Land$60k
Potters ClayEugene$60k