Community Catalyst Partners Inc

Analysis

Community Catalyst Partners Inc is a registered charity in United States, based in Woodstock, CT. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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 June 2023, Community Catalyst Partners Inc reported income of $791k and spending of $891k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $1.0m to $791k (-21%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Catalyst Partners Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include United Way of Laramie County ($791k), Doorstep Inc ($791k) and Martina Spiritual Renewal Center Inc ($791k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $406k. At year end it held assets of $493k against liabilities of $559k, net assets of -$67k. It reported 4 employees.