What Catholics Believe
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
Where the income comes from
- Contributions & grants 96%
- Other 4.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| First Baptist Brandon Foundation | Brandon | $60k |
| Inner Empowerment Center | Torrance | $60k |
| Royal Ambassadors Ministries Inc | Sugar Land | $60k |
| Potters Clay | Eugene | $60k |