Catholic Answers Inc

Analysis

Catholic Answers Inc is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in September 1982, 44 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 2023, Catholic Answers Inc reported income of $8.5m and spending of $9.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.3m to $8.5m (+3.0%), an average of +0.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catholic Answers Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Texas Womens Foundation ($8.5m), Tulsa Performing Arts Center Trust ($8.5m) and Garden Center Services ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $948k (10% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $3.8m against liabilities of $1.5m, net assets of $2.3m. It reported 55 employees.