Catholic Charities of Spokane

Analysis

Catholic Charities of Spokane is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Charities of Spokane reported income of $39.7m and spending of $36.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.5m to $39.7m (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Charities of Spokane sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include The Chicago Lighthouse for People Who Are Blind or Visually Impaired ($39.7m), Ascentria Care Alliance Inc ($39.7m) and Young Mens Christian Association of Greater Long Beach ($39.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $1.4m (3.8% of expenses). Other salaries and wages came to $18.1m. At year end it held assets of $26.9m against liabilities of $5.4m, net assets of $21.5m. It reported 657 employees.