Catholic Charities of the Diocese of Yakima

Analysis

Catholic Charities of the Diocese of Yakima is a registered charity in United States, based in Yakima, WA. It received its IRS tax-exemption ruling in March 1946, 80 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 2024, Catholic Charities of the Diocese of Yakima reported income of $49.5m and spending of $42.4m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $32.1m to $49.5m (+54%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities of the Diocese of Yakima sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Buckley School ($49.5m), Johns Hopkins Home Care Group Inc ($49.5m) and Goodwill Industries of Greater Cleveland and E Central Ohio Inc ($49.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $933k (2.2% of expenses). Other salaries and wages came to $22.3m. At year end it held assets of $55.6m against liabilities of $12.5m, net assets of $43.1m. It reported 480 employees.