Catholic Diocese of Bomadi Inc

Analysis

Catholic Diocese of Bomadi Inc is a registered charity in United States, based in Hemphill, TX. It received its IRS tax-exemption ruling in November 2021, 5 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 Diocese of Bomadi Inc reported income of $75k and spending of $70k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $27k to $75k (+181%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 182%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Diocese of Bomadi Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Greater Glory Christian Church ($75k), Word of God ($75k) and Magshimey Herut North America Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,396 against liabilities of $0, net assets of $9,396.