Ekwulobia Catholic Diocese

Analysis

Ekwulobia Catholic Diocese is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Ekwulobia Catholic Diocese reported income of $171k and spending of $1,624, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $171k (+225%), an average of +226% a year. The sharpest change came in the year to December 2023, when income rose by 225%. Over the whole period it spent 29% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ekwulobia Catholic Diocese sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include American Friends of the Umm El-Fahem Museum of Contemporary Ar ($171k), Bridges of Hope ($171k) and Northeast Asia Education Project ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.