Catholic Net Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,613 | 90,150 | −33,537 | -7.2 | — |
| 2021 | 81,036 | 149,085 | −68,049 | -9.8 | — |
| 2022 | 47,525 | 164,874 | −117,349 | -17.4 | — |
In its most recent public year (2022), this organization spent $117,349 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.4 months), down from -7.2 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Catholic Net Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works