Catholic Ministry To The Elderly
EIN: 510255891 · Newark, DE · NTEE: P81Z
| Metric | Value |
|---|---|
| Total Revenue | $399K |
| Total Expenses | $342K |
| Net Assets | $7.6M |
Is Catholic Ministry To The Elderly Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Catholic Ministry To The Elderly
Catholic Ministry To The Elderly (EIN: 510255891) is a nonprofit organization based in Newark, DE, classified under NTEE code P81Z. The organization reported total revenue of $399K and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Ministry To The Elderly's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Ministry To The Elderly is a small nonprofit that has been operating for 80 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $473K |
| Total Expenses | $342K |
| Surplus / Deficit | +$132K |
| Total Assets | $7.6M |
| Net Assets | $7.6M |
| Operating Margin | 27.8% |
| Months of Reserves | 267.1 months |
Financial Health Grade: A
In 2024, Catholic Ministry To The Elderly reported a surplus of $132K with revenue exceeding expenses, holds 267.1 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Catholic Ministry To The Elderly's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -80.7% | +9.5% | +2.1% |
| 2023 | +645.8% | +20.9% | +42.1% |
| 2022 | -5.6% | -16.7% | -4.7% |
| 2021 | +70.5% | +51.0% | +4.0% |
| 2020 | -68.9% | -29.4% | -10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Catholic Ministry To The Elderly has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catholic Ministry To The Elderly with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $132K, with revenue exceeding expenses.
Frequently Asked Questions about Catholic Ministry To The Elderly
Is Catholic Ministry To The Elderly a legitimate charity?
Catholic Ministry To The Elderly (EIN: 510255891) is a registered tax-exempt nonprofit based in Delaware. It has 14 years of IRS 990 filings on record. Total revenue: $399K. No red flags identified. Financial health grade: A.
How does Catholic Ministry To The Elderly spend its money?
Catholic Ministry To The Elderly reported $399K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Catholic Ministry To The Elderly tax-deductible?
Catholic Ministry To The Elderly is registered as a tax-exempt nonprofit (EIN: 510255891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Catholic Ministry To The Elderly located?
Catholic Ministry To The Elderly is headquartered in Newark, Delaware and files with the IRS under EIN 510255891. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Catholic Ministry To The Elderly have?
Catholic Ministry To The Elderly has 14 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 $399K in total revenue.
Filing History
IRS 990 filing history for Catholic Ministry To The Elderly showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Catholic Ministry To The Elderly's revenue has declined by 41.5%, moving from $809K to $473K. Total assets increased by 545.6% over the same period, from $1.2M to $7.6M. Total functional expenses fell by 55.6%, from $769K to $342K. In its most recent filing year (2024), Catholic Ministry To The Elderly reported a surplus of $132K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $473K | $342K | $7.6M | $0 | — | — |
| 2023 | $2.5M | $312K | $7.5M | $0 | — | — |
| 2022 | $329K | $258K | $5.2M | $0 | — | View 990 |
| 2021 | $349K | $310K | $5.5M | $0 | — | View 990 |
| 2020 | $204K | $205K | $5.3M | $63K | — | View 990 |
| 2019 | $658K | $290K | $5.9M | $133K | — | View 990 |
| 2018 | $611K | $355K | $5.6M | $233K | — | View 990 |
| 2017 | $5.6M | $363K | $5.3M | $213K | — | View 990 |
| 2016 | $1.1M | $821K | $1.1M | $1.2M | — | View 990 |
| 2015 | $797K | $692K | $822K | $1.2M | — | View 990 |
| 2014 | $796K | $738K | $887K | $1.4M | — | View 990 |
| 2013 | $778K | $760K | $970K | $1.5M | — | View 990 |
| 2012 | $770K | $728K | $1.1M | $1.7M | — | View 990 |
| 2011 | $809K | $769K | $1.2M | $1.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $473K, expenses of $342K, and assets of $7.6M (revenue -80.7% year-over-year).
- 2023: Revenue of $2.5M, expenses of $312K, and assets of $7.5M (revenue +645.8% year-over-year).
- 2022: Revenue of $329K, expenses of $258K, and assets of $5.2M (revenue -5.6% year-over-year).
- 2021: Revenue of $349K, expenses of $310K, and assets of $5.5M (revenue +70.5% year-over-year).
- 2020: Revenue of $204K, expenses of $205K, and assets of $5.3M (revenue -68.9% year-over-year).
- 2019: Revenue of $658K, expenses of $290K, and assets of $5.9M (revenue +7.7% year-over-year).
- 2018: Revenue of $611K, expenses of $355K, and assets of $5.6M (revenue -89.0% year-over-year).
- 2017: Revenue of $5.6M, expenses of $363K, and assets of $5.3M (revenue +403.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $821K, and assets of $1.1M (revenue +38.6% year-over-year).
- 2015: Revenue of $797K, expenses of $692K, and assets of $822K (revenue +0.2% year-over-year).
- 2014: Revenue of $796K, expenses of $738K, and assets of $887K (revenue +2.3% year-over-year).
- 2013: Revenue of $778K, expenses of $760K, and assets of $970K (revenue +0.9% year-over-year).
- 2012: Revenue of $770K, expenses of $728K, and assets of $1.1M (revenue -4.8% year-over-year).
- 2011: Revenue of $809K, expenses of $769K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Ministry To The Elderly:
Data Sources and Methodology
This transparency report for Catholic Ministry To The Elderly 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.