THE CATHOLIC CHARITIES FOUNDATION … - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Phone

2027724300

Tax Period

2024-07-01 to 2025-06-30

THE CATHOLIC CHARITIES FOUNDATION OF THE ARCHDIOCESE OF WASHINGTON, founded in 1946, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 92% operating margin.

Mission

CATHOLIC CHARITIES FOUNDATION INVESTS ENDOWMENT ASSETS AND PROVIDES FINANCIAL SUPPORT TO CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON, AN AFFILIATED ORGANIZATION, WHICH IS A LEADING PROVIDER OF COMPREHENSIVE HUMAN SERVICES, SERVING PEOPLE IN NEED.

Program Service Accomplishments

Program 1

Expenses: $209,800 Revenue: $0

THE FOUNDATION MANAGES ENDOWMENT ASSETS BASED UPON AGREED UPON INVESTMENT PARAMETERS. THE FOUNDATION SUPPORTS CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON AND AFFILIATED ORGANIZATIONS THROUGH DISTRIBUTIONS FROM THE ENDOWMENT FUNDS. THE DISTRIBUTIONS ARE SENT TO CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTON, WHICH THEN DISTRIBUTES THE FUNDS TO ALL OF THE AFFILIATED ENTITIES. THE AFFILIATED ENTITIES PROVIDE A RANGE OF HUMAN SERVICES TO THOSE IN NEED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,732

Program Service Revenue $0

Investment Income $2,577,777

Other Revenue $0

TOTAL REVENUE $2,638,509

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $209,800

Other Expenses $209,800

TOTAL EXPENSES $209,800

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,638,509	$1,622,303	+0.6%
Expenses	$209,800	$185,730	+0.1%
Net Income	$2,428,709	$1,436,573	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,421,745

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mr Michael Kelly	Chairman	2.0	Director	$0	$0	$0
Mr Scott Pastrick	Director	1.0	Director	$0	$0	$0
Ms Maury Devine	Director	1.0	Director	$0	$0	$0
Mr James J Malloy	President & CEO	2.7	Officer	$0	$32,515	$438,053
Mr Patrick Dunne	Chief Operating Officer	2.7	Officer	$0	$30,624	$361,142
Ms Elizabeth R Gorman	Chief Development Officer	2.7	Officer	$0	$15,725	$205,535
Ms Joan Fowler-Brown	Chief of Staff	2.7	Officer	$0	$47,752	$182,002
Ms Mary Jane Morrow	Chief Financial Officer	2.7	Officer	$0	$26,463	$235,013
Mr Jarlath Finn	Executive Director - IT	2.0	Highest	$0	$54,069	$209,704
Mr Reginald Gregory	Exec. Director of Finance/Controller	2.0	Highest	$0	$44,224	$225,862
Mr Sean Wood	Deputy Director - Development	2.0	Highest	$0	$23,452	$190,145
Ms Andrea Aleman	Director/Assistant Controller	2.0	Highest	$0	$24,098	$167,545
Ms Michele A Sparks	Chief Human Resources Officer	2.0	Highest	$0	$34,414	$214,063

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,638,509	$209,800	$46,960,185	$2,428,709
2024	$1,622,303	$185,730	$43,142,190	$1,436,573
2023	$2,431,120	$188,236	$39,036,371	$2,242,884
2022	$4,265,389	$483,095	$37,699,929	$3,782,294
2021	$4,313,964	$195,331	$43,158,421	$4,118,633
2020	$4,352,328	$159,258	$35,067,259	$4,193,070
2019	$759,419	$147,539	$30,115,736	$611,880
2018	$2,226,714	$143,685	$27,991,335	$2,083,029

THE CATHOLIC CHARITIES FOUNDATION OF THE ARCHDIOCESE OF WASHINGTON