Caritas Center for Christian Formation

Analysis

Caritas Center for Christian Formation is a registered charity in United States, based in Arlington HTS, 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 June 2023, Caritas Center for Christian Formation reported income of $222k and spending of $200k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $201k to $222k (+10%), an average of +10% a year. 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, Caritas Center for Christian Formation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Lionheart Leaders Intl Inc ($222k), Tend ($222k) and American Friends of Sanhedria Jerusalem Inc ($221k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $85k (42% of expenses). At year end it held assets of $61k against liabilities of $0, net assets of $61k. It reported 1 employees.