Lithuanian Catholic Religious Aid Inc
Lithuanian Catholic Religious Aid Inc consistently maintains financial surpluses and a robust asset base with no reported officer compensation.
EIN: 112326652 · Maspeth, NY · NTEE: X22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $999K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $15.8M |
| Transparency Score | 85/100 |
Is Lithuanian Catholic Religious Aid Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lithuanian Catholic Religious Aid Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lithuanian Catholic Religious Aid Inc
Lithuanian Catholic Religious Aid Inc (EIN: 112326652) is a nonprofit organization based in Maspeth, NY, classified under NTEE code X22Z. The organization reported total revenue of $7.3M and total assets of $17.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lithuanian Catholic Religious Aid Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lithuanian Catholic Religious Aid Inc is a mid-size nonprofit that has been operating for 62 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $999K |
| Surplus / Deficit | +$180K |
| Total Assets | $19.7M |
| Total Liabilities | $3.9M |
| Net Assets | $15.8M |
| Operating Margin | 15.3% |
| Debt-to-Asset Ratio | 19.8% |
| Months of Reserves | 236.5 months |
Financial Health Grade: A
In 2023, Lithuanian Catholic Religious Aid Inc reported a surplus of $180K with revenue exceeding expenses, holds 236.5 months of operating reserves (strong position), has a debt-to-asset ratio of 19.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Lithuanian Catholic Religious Aid Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.5% | -10.2% | +4.7% |
| 2022 | +9.1% | +34.1% | -10.9% |
| 2021 | +54.2% | +39.3% | +37.7% |
| 2020 | -35.0% | -23.1% | +7.8% |
| 2019 | +50.7% | -27.9% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1964 |
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 Lithuanian Catholic Religious Aid 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, Lithuanian Catholic Religious Aid 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 $180K, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with assets exceeding $19 million.
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 Lithuanian Catholic Religious Aid Inc's IRS 990 filings:
- Significant and unexplained increase in liabilities from $29,018 in 202012 to $3,898,380 in 202312.
- Lack of detailed functional expense breakdown to verify program spending efficiency.
Strengths
The following positive indicators were identified for Lithuanian Catholic Religious Aid Inc:
- Consistent financial surpluses, indicating sound financial management (e.g., 202312: Revenue $1,179,328 vs. Expenses $999,386).
- Strong and growing asset base, reaching $19,692,788 in 202312.
- No reported officer compensation across all filings, suggesting a highly efficient or volunteer-led structure.
- Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
Frequently Asked Questions about Lithuanian Catholic Religious Aid Inc
Is Lithuanian Catholic Religious Aid Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lithuanian Catholic Religious Aid Inc (EIN: 112326652) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Lithuanian Catholic Religious Aid Inc spend its money?
Lithuanian Catholic Religious Aid Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lithuanian Catholic Religious Aid Inc tax-deductible?
Lithuanian Catholic Religious Aid Inc is registered as a tax-exempt nonprofit (EIN: 112326652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lithuanian Catholic Religious Aid Inc CEO make?
Lithuanian Catholic Religious Aid Inc's highest-compensated officer earns $19 annually. The organization reported $7.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lithuanian Catholic Religious Aid Inc's spending goes to programs?
Lithuanian Catholic Religious Aid Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lithuanian Catholic Religious Aid Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lithuanian Catholic Religious Aid Inc is above average for NTEE category X22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lithuanian Catholic Religious Aid Inc located?
Lithuanian Catholic Religious Aid Inc is headquartered in Maspeth, New York and files with the IRS under EIN 112326652. It is classified under NTEE code X22Z.
How many years of IRS 990 filings does Lithuanian Catholic Religious Aid Inc have?
Lithuanian Catholic Religious Aid Inc 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 $7.3M in total revenue.
What is the nature of the significant increase in liabilities, from $29,018 in 202012 to $3,898,380 in 202312?
The provided data does not specify the nature of these liabilities, but such a substantial increase warrants investigation to understand if they are program-related, operational, or debt obligations.
How does Lithuanian Catholic Religious Aid Inc manage to operate with 0% reported officer compensation given its asset size?
This suggests a highly volunteer-driven leadership model or that compensation is structured in a way not reported as officer compensation on the 990, which is uncommon for an organization of this scale.
What are the specific program activities funded by the organization?
The NTEE code X22Z indicates 'Religious Activities, n.e.c.', but specific program details are not available in the provided financial summary.
Filing History
IRS 990 filing history for Lithuanian Catholic Religious Aid Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Lithuanian Catholic Religious Aid Inc's revenue has grown by 96.4%, moving from $600K to $1.2M. Total assets increased by 73.2% over the same period, from $11.4M to $19.7M. Total functional expenses fell by 52.9%, from $2.1M to $999K. In its most recent filing year (2023), Lithuanian Catholic Religious Aid Inc reported a surplus of $180K, with revenue exceeding expenses. The organization holds $3.9M in liabilities against $19.7M in assets (debt-to-asset ratio: 19.8%), resulting in net assets of $15.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $999K | $19.7M | $3.9M | — | View 990 |
| 2022 | $1.6M | $1.1M | $18.8M | $3.9M | — | View 990 |
| 2021 | $1.5M | $830K | $21.1M | $3.9M | — | View 990 |
| 2020 | $941K | $596K | $15.3M | $29K | — | View 990 |
| 2019 | $1.4M | $774K | $14.2M | $9K | — | View 990 |
| 2018 | $961K | $1.1M | $12.6M | $22K | — | View 990 |
| 2017 | $811K | $1.1M | $14.3M | $43K | — | View 990 |
| 2017 | $901K | $1.1M | $13.8M | $2K | — | View 990 |
| 2016 | $1.9M | $1.2M | $11.1M | $2K | — | View 990 |
| 2015 | $967K | $1.3M | $10.4M | $2K | — | View 990 |
| 2014 | $1.9M | $1.3M | $10.8M | $2K | — | View 990 |
| 2013 | $876K | $1.8M | $10.2M | $2K | — | View 990 |
| 2012 | $1.3M | $1.5M | $11.2M | $37K | — | View 990 |
| 2011 | $600K | $2.1M | $11.4M | $114K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $999K, and assets of $19.7M (revenue -25.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.1M, and assets of $18.8M (revenue +9.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $830K, and assets of $21.1M (revenue +54.2% year-over-year).
- 2020: Revenue of $941K, expenses of $596K, and assets of $15.3M (revenue -35.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $774K, and assets of $14.2M (revenue +50.7% year-over-year).
- 2018: Revenue of $961K, expenses of $1.1M, and assets of $12.6M (revenue +18.6% year-over-year).
- 2017: Revenue of $811K, expenses of $1.1M, and assets of $14.3M (revenue -10.0% year-over-year).
- 2017: Revenue of $901K, expenses of $1.1M, and assets of $13.8M (revenue -53.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.2M, and assets of $11.1M (revenue +98.4% year-over-year).
- 2015: Revenue of $967K, expenses of $1.3M, and assets of $10.4M (revenue -48.0% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.3M, and assets of $10.8M (revenue +112.3% year-over-year).
- 2013: Revenue of $876K, expenses of $1.8M, and assets of $10.2M (revenue -34.9% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.5M, and assets of $11.2M (revenue +124.1% year-over-year).
- 2011: Revenue of $600K, expenses of $2.1M, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lithuanian Catholic Religious Aid Inc:
Data Sources and Methodology
This transparency report for Lithuanian Catholic Religious Aid 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.