Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $5,027

• 1c · Fundraising events

  $230,521

• 1d · Related organizations

  $86,368

• 1e · Government grants (contributions)

  $24,800,103

• 1f · All other contributions, gifts and grants

  $6,227,985

• 1g · Noncash contributions included above

  $4,552,754

• 2a · Program service revenue: DIRECT RECEIPTS FOR CARE

  total $26,867,471 · related or exempt $26,867,471

• 3 · Investment income

  total $276,868 · excluded $276,868

• 7a · Gross sales of assets other than inventory

  securities $12,497,916

• 7b · Less cost or other basis and sales expenses

  securities $12,225,300

• 7c · Gain or loss

  securities $272,616

• 7d · Net gain or loss

  total $272,616 · excluded $272,616

• 8a · Fundraising events: gross income

  $20,412

• 8a · Fundraising events: contributions included on line 1c

  $230,521

• 8b · Fundraising events: direct expenses

  $95,014

• 8c · Net income from fundraising events

  total -$74,602 · excluded -$74,602

• 9a · Gaming: gross income

  $28,070

• 9b · Gaming: direct expenses

  $14,892

• 9c · Net income from gaming

  total $13,178 · excluded $13,178

• 11a · Other revenue: OTHER REVENUE

  total $424,301 · excluded $424,301

• 11e · Other revenue, total

  $424,301

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $7,846,020 · program services $7,846,020

• 5 · Compensation of officers, directors and key employees

  total $499,770 · program services $430,125 · management and general $65,308 · fundraising $4,337

• 7 · Other salaries and wages

  total $31,475,479 · program services $27,328,540 · management and general $3,875,707 · fundraising $271,232

• 8 · Pension plan contributions

  total $2,286,508 · program services $1,739,884 · management and general $516,064 · fundraising $30,560

• 9 · Other employee benefits

  total $5,043,021 · program services $4,220,761 · management and general $786,560 · fundraising $35,700

• 10 · Payroll taxes

  total $4,194,634 · program services $3,651,159 · management and general $507,063 · fundraising $36,412

• 11b · Fees: legal

  total $205,184 · program services $148,894 · management and general $56,290

• 11c · Fees: accounting

  total $64,010 · program services $56,100 · management and general $7,362 · fundraising $548

• 11g · Fees: other

  total $1,766,728 · program services $1,517,668 · management and general $243,870 · fundraising $5,190

• 12 · Advertising and promotion

  total $467,449 · program services $348,824 · management and general $115,875 · fundraising $2,750

• 13 · Office expenses

  total $3,145,049 · program services $2,556,381 · management and general $446,464 · fundraising $142,204

• 14 · Information technology

  total $448,676 · program services $14,054 · management and general $434,381 · fundraising $241

• 16 · Occupancy

  total $2,483,546 · program services $2,190,357 · management and general $278,631 · fundraising $14,558

• 17 · Travel

  total $918,603 · program services $866,598 · management and general $45,540 · fundraising $6,465

• 19 · Conferences, conventions and meetings

  total $30,598 · program services $14,854 · management and general $12,359 · fundraising $3,385

• 20 · Interest

  total $62,473 · program services $8,329 · management and general $54,144

• 22 · Depreciation, depletion and amortization

  total $1,018,492 · program services $940,024 · management and general $72,936 · fundraising $5,532

• 23 · Insurance

  total $193,940 · program services $193,940

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,208,881 · end of year $260,169

• 2 · Savings and temporary cash investments

  beginning of year $9,374,250 · end of year $8,265,464

• 3 · Pledges and grants receivable

  beginning of year $569,421 · end of year $6,198,367

• 4 · Accounts receivable

  beginning of year $5,327,916 · end of year $1,789,705

• 7 · Other notes and loans receivable

  beginning of year $225,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $896,602 · end of year $710,818

• 10a · Land, buildings and equipment: cost or other basis

  $35,647,969

• 10b · Land, buildings and equipment: accumulated depreciation

  $25,301,363

• 10c · Land, buildings and equipment, net

  beginning of year $11,204,984 · end of year $10,346,606

• 11 · Investments: publicly traded securities

  beginning of year $3,310,109 · end of year $3,945,948

• 12 · Investments: other securities

  beginning of year $10,204,385 · end of year $10,916,498

• 15 · Other assets

  beginning of year $2,050,265 · end of year $2,029,450

• 17 · Accounts payable and accrued expenses

  beginning of year $6,751,051 · end of year $8,594,524

• 19 · Deferred revenue

  beginning of year $2,468,516 · end of year $968,290

• 23 · Secured mortgages and notes payable

  beginning of year $3,893,981 · end of year $3,829,761

• 24 · Unsecured notes and loans payable

  end of year $1,100,000

• 25 · Other liabilities

  beginning of year $2,106,466 · end of year $2,097,951

• 27 · Net assets without donor restrictions

  beginning of year $18,362,347 · end of year $16,581,128

• 28 · Net assets with donor restrictions

  beginning of year $10,789,452 · end of year $11,291,371

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PAGE 2, PART II, COLUMN D:

REPRESENTS THE COST TO CATHOLIC CHARITIES OF HEALTH, LIFE, AND DENTAL INSURANCE.