Catholic Migration Services Inc
Catholic Migration Services Inc shows consistent revenue growth and significant asset accumulation with no reported officer compensation.
EIN: 112634818 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $5.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $6.9M |
| Transparency Score | 85/100 |
Is Catholic Migration Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Migration Services Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Migration Services Inc
Catholic Migration Services Inc (EIN: 112634818) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $6.5M and total assets of $12.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Migration Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Migration Services Inc is a mid-size nonprofit that has been operating for 38 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$625K |
| Total Assets | $11.8M |
| Total Liabilities | $4.9M |
| Net Assets | $6.9M |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 41.3% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2023, Catholic Migration Services Inc reported a surplus of $625K with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position), has a debt-to-asset ratio of 41.3% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Catholic Migration Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.1% | +18.8% | +4.2% |
| 2022 | -5.3% | +12.8% | +99.3% |
| 2021 | +34.5% | +4.8% | +29.1% |
| 2020 | -13.7% | +4.0% | +34.7% |
| 2019 | +54.9% | +20.1% | +89.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1988 |
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 Migration Services Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Catholic Migration Services Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $625K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all six filings, indicating that top leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the IRS 990, which is highly unusual for an organization of its size with over $6 million in revenue.
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 Migration Services Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, which may obscure actual leadership compensation if categorized elsewhere.
- Lack of detailed spending breakdown (program, admin, fundraising) in the provided data makes it difficult to precisely assess spending efficiency.
Strengths
The following positive indicators were identified for Catholic Migration Services Inc:
- Consistent revenue growth, increasing from $3,380,120 in 2018 to $6,100,628 in 2023.
- Significant asset accumulation, growing from $1,729,859 in 2018 to $11,841,063 in 2023, indicating strong financial health and sustainability.
- Positive net income (revenue exceeding expenses) in all reported periods, demonstrating sound financial management.
- Consistent filing of IRS 990s, indicating compliance and transparency in reporting.
Frequently Asked Questions about Catholic Migration Services Inc
Is Catholic Migration Services Inc a legitimate charity?
Catholic Migration Services Inc (EIN: 112634818) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $6.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Catholic Migration Services Inc spend its money?
Catholic Migration Services Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Catholic Migration Services Inc tax-deductible?
Catholic Migration Services Inc is registered as a tax-exempt nonprofit (EIN: 112634818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Catholic Migration Services Inc CEO make?
Catholic Migration Services Inc's highest-compensated officer earns $6 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Catholic Migration Services Inc's spending goes to programs?
Catholic Migration Services Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Catholic Migration Services Inc located?
Catholic Migration Services Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112634818.
How many years of IRS 990 filings does Catholic Migration Services Inc have?
Catholic Migration Services Inc has 6 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 $6.5M in total revenue.
How does Catholic Migration Services Inc manage to operate with 0% reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean that the organization's top leadership is entirely volunteer-based, or their compensation is categorized differently within the 990, such as through program service expenses if they are also program staff, or through a related organization. Further investigation into their detailed financial statements would be needed to clarify this.
What is the primary driver of the significant increase in assets from $1.7M in 2018 to $11.8M in 2023?
The substantial increase in assets is likely driven by consistent revenue exceeding expenses each year. For example, in 2023, revenue was $6,100,628 and expenses were $5,475,183, resulting in a surplus that contributes to asset growth. This trend is visible across multiple years, allowing for significant accumulation of resources.
What is the organization's NTEE code and how does it align with its mission?
The NTEE code for Catholic Migration Services Inc is listed as 'Unknown' in the provided data. Understanding the NTEE code would help categorize the organization's primary activities and assess how well its financial performance aligns with typical benchmarks for similar nonprofits.
Filing History
IRS 990 filing history for Catholic Migration Services Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Catholic Migration Services Inc's revenue has grown by 80.5%, moving from $3.4M to $6.1M. Total assets increased by 584.5% over the same period, from $1.7M to $11.8M. Total functional expenses rose by 75.5%, from $3.1M to $5.5M. In its most recent filing year (2023), Catholic Migration Services Inc reported a surplus of $625K, with revenue exceeding expenses. The organization holds $4.9M in liabilities against $11.8M in assets (debt-to-asset ratio: 41.3%), resulting in net assets of $6.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $5.5M | $11.8M | $4.9M | — | — |
| 2022 | $5.8M | $4.6M | $11.4M | $5.0M | — | View 990 |
| 2021 | $6.1M | $4.1M | $5.7M | $506K | — | View 990 |
| 2020 | $4.5M | $3.9M | $4.4M | $1.1M | — | View 990 |
| 2019 | $5.2M | $3.7M | $3.3M | $625K | — | View 990 |
| 2018 | $3.4M | $3.1M | $1.7M | $562K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $5.5M, and assets of $11.8M (revenue +6.1% year-over-year).
- 2022: Revenue of $5.8M, expenses of $4.6M, and assets of $11.4M (revenue -5.3% year-over-year).
- 2021: Revenue of $6.1M, expenses of $4.1M, and assets of $5.7M (revenue +34.5% year-over-year).
- 2020: Revenue of $4.5M, expenses of $3.9M, and assets of $4.4M (revenue -13.7% year-over-year).
- 2019: Revenue of $5.2M, expenses of $3.7M, and assets of $3.3M (revenue +54.9% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.1M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Migration Services Inc:
Data Sources and Methodology
This transparency report for Catholic Migration Services Inc 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.