Catholic Foundation for the Roman Catholic Church in Northern Co

Analysis

Catholic Foundation for the Roman Catholic Church in Northern Co is a registered charity in United States, based in Greenwood VLG, CO. It received its IRS tax-exemption ruling in March 2008, 18 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, Catholic Foundation for the Roman Catholic Church in Northern Co reported income of $22.4m and spending of $18.5m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.8m to $22.4m (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Foundation for the Roman Catholic Church in Northern Co sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Pioneer Bible Translators ($22.2m), Lutheran Social Services of the Southwest ($22.5m) and Urban Alternative ($22.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $443k (2.4% of expenses). Other salaries and wages came to $640k. At year end it held assets of $180.5m against liabilities of $39.8m, net assets of $140.7m. It reported 12 employees.