Catapult Inc

Analysis

Catapult Inc is a registered charity in United States, based in Waterford, WI. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Catapult Inc reported income of $86k and spending of $61k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $86k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catapult Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Real Party Ministry ($86k), Middle Way Initiative Inc ($86k) and Igl Pentecostal Roca de Salvacion ($86k).

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 $56k against liabilities of $1,229, net assets of $54k.