Old Catholic and Traditional Church Diocese of St Ignatious of Antioch

Analysis

Old Catholic and Traditional Church Diocese of St Ignatious of Antioch is a registered charity in United States, based in Huntington PK, CA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, Old Catholic and Traditional Church Diocese of St Ignatious of Antioch reported income of $308k and spending of $325k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $199k to $308k (+55%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 128% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Old Catholic and Traditional Church Diocese of St Ignatious of Antioch sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Wings of Faith ($308k), Kollel of Young Israel ($308k) and Vietnam Great Tripitaka Foundation ($308k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of -$215k against liabilities of -$198k, net assets of -$17k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.