CATHOLIC CHARITIES INC
Mission Statement
Inspired by God’s love, Catholic Charities alleviates poverty and builds strong families in the Diocese of Wichita. We work to alleviate poverty – because all families deserve the most basic needs of life. We work to build stable families – because stable family relationships mean stable and hopeful communities for all our human family. We work to build strong families – because the stronger a family unit is the healthier and happier each family member is. Through our FAMILY of programs and services we are inspired to work, and we have a need to build - We know a loving God provides for us, and we in turn must provide for each other. But we need our FAMILY to grow. If you are moved to build and work for social changes, true and lasting changes in our communities, will you consider partnering with us? Be assured your dollars go directly to programs and services working for social change and justice in our world, one human FAMILY at a time
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
85.1% | 87.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.9% | 11.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.0% | 0.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
19.2 mo | 6.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.3% | 34.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.2% | 93.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
20.5% | 6.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.9% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.4% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $11.2M | $11.2M | $17.9M | 85.1% | 168 |
| 2022 | $9.3M | $9.6M | $17.2M | 84.5% | 161 |
| 2021 | $10.4M | $9.3M | N/A | — | 152 |
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