Nov 4, 2004 / 22:00 pm
The Catholic Charities network has been ranked third among the nation's largest nonprofits by The NonProfit Times.
The Catholic Charities network, which includes more than 1,400 local agencies and institutions nationwide, moved up one slot from its fourth position ranking last year. To be included in the "NPT 100," nonprofits must raise at least 10 percent of their total revenue from public sources, such as individual donors and foundations.
The Catholic Charities network also moved closer to the top 10 in The Chronicle of Philanthropy's annual "Philanthropy 400."
The network moved up two slots from 13th in 2002 to the 11th position in 2004. The Chronicle bases its rankings on the amount of private support received by nonprofits.
Catholic Charities agencies provide a myriad of vital services in their communities, ranging from day care and counseling to food and housing. In 2003, local Catholic Charities agencies provided help for nearly seven million people, regardless of religious backgrounds.
The combined revenue of the Catholic Charities network for 2003 was $2,858,623,665. Nearly 90 percent of these funds were spent on programs and services. The network's expenses, such as programs and services, for 2003 were $2,861,694,876.