Catalyst California

Analysis

Catalyst California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, Catalyst California reported income of $6.4m and spending of $11.2m, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.8m to $6.4m (-59%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catalyst California 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 Worcester Comprehensive Child Care Services Inc ($6.4m), JCMH Health Care Corporation ($6.4m) and Interdenominational Theological Center Inc ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $660k (5.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $9.6m against liabilities of $2.8m, net assets of $6.8m. It reported 59 employees.