Catholic Charities Of Diocese Of Albany
Catholic Charities Of Diocese Of Albany consistently operates with a surplus and reports no officer compensation.
EIN: 141340033 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $49.3M |
| Total Expenses | $47.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $29.0M |
| Transparency Score | 92/100 |
Is Catholic Charities Of Diocese Of Albany Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Charities Of Diocese Of Albany directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Charities Of Diocese Of Albany
Catholic Charities Of Diocese Of Albany (EIN: 141340033) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $49.3M and total assets of $35.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Charities Of Diocese Of Albany's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Charities Of Diocese Of Albany is a large nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.1M |
| Total Expenses | $47.7M |
| Surplus / Deficit | +$428K |
| Total Assets | $39.5M |
| Total Liabilities | $10.5M |
| Net Assets | $29.0M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 26.6% |
| Months of Reserves | 9.9 months |
Financial Health Grade: A
In 2023, Catholic Charities Of Diocese Of Albany reported a surplus of $428K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 26.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Charities Of Diocese Of Albany's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.8% | -2.1% | +7.9% |
| 2022 | +20.2% | +9.5% | +0.9% |
| 2021 | -4.4% | -1.3% | +20.7% |
| 2020 | +6.5% | +5.4% | +13.6% |
| 2019 | +1.1% | -0.5% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catholic Charities Of Diocese Of Albany with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Catholic Charities Of Diocese Of Albany allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $428K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with nearly $50 million in annual revenue. This suggests either a volunteer leadership model, or that compensation for key management personnel is not categorized as 'officer compensation' in their IRS 990 filings, or that the organization relies on a different compensation structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Catholic Charities Of Diocese Of Albany's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, which may warrant further investigation into how key management personnel are compensated.
Strengths
The following positive indicators were identified for Catholic Charities Of Diocese Of Albany:
- Consistent operating surpluses, indicating sound financial management (e.g., $48,136,440 revenue vs. $47,708,366 expenses in 202306).
- Growing asset base over the past decade, from $24,487,774 in 201406 to $39,523,308 in 202306.
- Reported 0% officer compensation across all filings, suggesting a strong commitment to program spending or a unique leadership compensation model.
- Stable and substantial revenue streams, consistently over $40 million annually.
Frequently Asked Questions about Catholic Charities Of Diocese Of Albany
Is Catholic Charities Of Diocese Of Albany a legitimate charity?
Catholic Charities Of Diocese Of Albany (EIN: 141340033) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $49.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Catholic Charities Of Diocese Of Albany spend its money?
Catholic Charities Of Diocese Of Albany directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Catholic Charities Of Diocese Of Albany tax-deductible?
Catholic Charities Of Diocese Of Albany is registered as a tax-exempt nonprofit (EIN: 141340033). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Catholic Charities Of Diocese Of Albany CEO make?
Catholic Charities Of Diocese Of Albany's highest-compensated officer earns $50 annually. The organization reported $49.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Catholic Charities Of Diocese Of Albany's spending goes to programs?
Catholic Charities Of Diocese Of Albany directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Catholic Charities Of Diocese Of Albany located?
Catholic Charities Of Diocese Of Albany is headquartered in Albany, New York and files with the IRS under EIN 141340033.
How many years of IRS 990 filings does Catholic Charities Of Diocese Of Albany have?
Catholic Charities Of Diocese Of Albany has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $49.3M in total revenue.
Is Catholic Charities Of Diocese Of Albany a good charity?
Based on the available financial data, Catholic Charities Of Diocese Of Albany appears to be a well-managed and financially stable charity. They consistently operate with a surplus, have growing assets, and report 0% officer compensation, which are strong indicators of efficiency and a focus on their mission.
How has the organization's financial health changed over time?
The organization has shown consistent growth in both revenue and assets over the past decade. Revenue increased from $41,760,521 in 201406 to $48,136,440 in 202306, and assets grew from $24,487,774 to $39,523,308 in the same period, indicating robust financial health and expansion.
What is the significance of 0% officer compensation?
Reporting 0% officer compensation is highly significant as it suggests that either the organization's top leadership is entirely volunteer-based, or that their compensation is structured in a way that it is not reported under 'officer compensation' on the IRS 990. This practice, if truly indicative of no paid officers, would free up substantial funds for program delivery.
Filing History
IRS 990 filing history for Catholic Charities Of Diocese Of Albany showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Charities Of Diocese Of Albany's revenue has grown by 15.2%, moving from $41.8M to $48.1M. Total assets increased by 73.1% over the same period, from $22.8M to $39.5M. Total functional expenses rose by 12.2%, from $42.5M to $47.7M. In its most recent filing year (2023), Catholic Charities Of Diocese Of Albany reported a surplus of $428K, with revenue exceeding expenses. The organization holds $10.5M in liabilities against $39.5M in assets (debt-to-asset ratio: 26.6%), resulting in net assets of $29.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.1M | $47.7M | $39.5M | $10.5M | — | View 990 |
| 2022 | $54.0M | $48.7M | $36.6M | $8.4M | — | View 990 |
| 2021 | $44.9M | $44.5M | $36.3M | $11.8M | — | View 990 |
| 2020 | $46.9M | $45.1M | $30.1M | $7.4M | — | View 990 |
| 2019 | $44.1M | $42.8M | $26.5M | $6.1M | — | View 990 |
| 2018 | $43.6M | $43.0M | $26.2M | $7.2M | — | View 990 |
| 2017 | $43.0M | $41.9M | $25.5M | $7.3M | — | View 990 |
| 2016 | $41.7M | $41.1M | $24.4M | $7.6M | — | View 990 |
| 2015 | $41.7M | $40.2M | $26.0M | $9.8M | — | View 990 |
| 2014 | $41.8M | $41.3M | $24.5M | $9.7M | — | View 990 |
| 2013 | $42.4M | $41.6M | $24.7M | $10.5M | — | View 990 |
| 2012 | $40.7M | $41.0M | $24.0M | $11.0M | — | View 990 |
| 2011 | $41.8M | $42.5M | $22.8M | $9.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.1M, expenses of $47.7M, and assets of $39.5M (revenue -10.8% year-over-year).
- 2022: Revenue of $54.0M, expenses of $48.7M, and assets of $36.6M (revenue +20.2% year-over-year).
- 2021: Revenue of $44.9M, expenses of $44.5M, and assets of $36.3M (revenue -4.4% year-over-year).
- 2020: Revenue of $46.9M, expenses of $45.1M, and assets of $30.1M (revenue +6.5% year-over-year).
- 2019: Revenue of $44.1M, expenses of $42.8M, and assets of $26.5M (revenue +1.1% year-over-year).
- 2018: Revenue of $43.6M, expenses of $43.0M, and assets of $26.2M (revenue +1.4% year-over-year).
- 2017: Revenue of $43.0M, expenses of $41.9M, and assets of $25.5M (revenue +2.9% year-over-year).
- 2016: Revenue of $41.7M, expenses of $41.1M, and assets of $24.4M (revenue +0.2% year-over-year).
- 2015: Revenue of $41.7M, expenses of $40.2M, and assets of $26.0M (revenue -0.2% year-over-year).
- 2014: Revenue of $41.8M, expenses of $41.3M, and assets of $24.5M (revenue -1.4% year-over-year).
- 2013: Revenue of $42.4M, expenses of $41.6M, and assets of $24.7M (revenue +4.2% year-over-year).
- 2012: Revenue of $40.7M, expenses of $41.0M, and assets of $24.0M (revenue -2.7% year-over-year).
- 2011: Revenue of $41.8M, expenses of $42.5M, and assets of $22.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Charities Of Diocese Of Albany:
Data Sources and Methodology
This transparency report for Catholic Charities Of Diocese Of Albany is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.