Catholic Ministry Partners Inc

Analysis

Catholic Ministry Partners Inc is a registered charity in United States, based in Warren, NJ. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Catholic Ministry Partners Inc reported income of $612k and spending of $614k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $612k (+188%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Ministry Partners Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Gods Word for the Nations ($612k), F M 90 1 Inc ($612k) and First United Methodist Church of Peoria Foundation ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $403k. At year end it held assets of $111k against liabilities of $2,316, net assets of $108k. It reported 19 employees.