Catholic Charities

Analysis

Catholic Charities is a registered charity in United States, based in SN Bernrdno, CA. 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).

In the financial year ending June 2024, Catholic Charities reported income of $6.5m and spending of $6.7m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.3m to $6.5m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Charities sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Southeast Alabama Community Action Partnership Inc ($6.5m), Greenville Free Medical Clinic ($6.5m) and Westbrook Christian School Inc ($6.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $233k (3.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $11.4m against liabilities of $704k, net assets of $10.7m. It reported 76 employees.