Catholic Corner

Analysis

Catholic Corner is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in November 2020, 6 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 Corner reported income of $92k and spending of $80k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $92k (+0.7%), an average of +0.7% a year. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Corner sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Oui Connect ($92k), Lowery Institute for Excellence Inc ($92k) and African Christian Restoration Evangelism ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.