Catholic Social Services

Analysis

Catholic Social Services is a registered charity in United States, based in Anchorage, AK. 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catholic Social Services reported income of $20.9m and spending of $23.5m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.4m to $20.9m (+102%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Catholic Social Services sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within AK. Charities of a similar size with the same main cause include Rethink Priorities ($20.9m), Meriden-New Britain-Berlin Young Mens Christian Association Inc ($20.9m) and Asbury Health Center ($20.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $293k (1.2% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $31.0m against liabilities of $9.2m, net assets of $21.8m. It reported 293 employees.