Catalyst Family Inc

Analysis

Catalyst Family Inc is a registered charity in United States, based in Morgan Hill, CA. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Catalyst Family Inc reported income of $102.6m and spending of $100.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $61.4m to $102.6m (+67%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catalyst Family Inc 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 CA. Charities of a similar size with the same main cause include Rockhurst University ($102.5m), Mississippi College ($102.9m) and Judge Rotenberg Educational Center Inc ($102.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $1.0m (1.0% of expenses). Other salaries and wages came to $46.5m. At year end it held assets of $54.4m against liabilities of $44.6m, net assets of $9.8m. It reported 1,518 employees.