Catholic Charities of California
Analysis
Catholic Charities of California is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Charities of California reported income of $25.4m and spending of $25.0m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $22.2m to $25.4m (+14%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 97% 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 California sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Hospice of the Piedmont Inc ($25.4m), Volunteers of America Inc ($25.5m) and Ark-Tex Council of Governments ($25.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $341k (1.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $15.2m against liabilities of $10.4m, net assets of $4.8m. It reported 24 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hospice of the Piedmont Inc | High Point | $25.4m |
| Volunteers of America Inc | Eden Prairie | $25.5m |
| Ark-Tex Council of Governments | Texarkana | $25.4m |
| Doheny Eye Institute | Pasadena | $25.5m |