Operating record

Catholic Foundation For The Diocese Of Davenport

Davenport, IA · EIN 26-4267643 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$247,875$700,071−$452,196212.85%
2021$206,406$723,184−$516,778271.46%
2022$6,997,773$1,629,972$5,367,801138.13%
2023$14,632,933$1,999,371$12,633,562197.82%

In its most recent public year (2023), this organization brought in $12,633,562 more than it spent. Its reserves stood at about 197.8 months of spending, down from 212.8 in 2020. Staff pay was 2% of spending. $21,475,884 of its net assets are donor-restricted.

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 2023. 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 ↗