Igivecatholic

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611846962 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Igivecatholic?

Igivecatholic is a charitable event, celebrated annually after Thanksgiving, Black Friday, and Cyber Monday. It is a crowdfunding platform that fosters unity within the Catholic community, encouraging donations as a way to express gratitude and generosity. This event, known as #GivingTuesday, has gained significant traction, becoming the most successful Catholic crowdfunding initiative to date. Igivecatholic supports a large number of Roman Catholic dioceses across the United States, offering an opportunity for parishes, schools, and affiliated nonprofit ministries to connect with their existing donors and attract new ones. The event, held at the global #GivingTuesday, brings together the Catholic community to make a positive impact. During the fiscal year 2022, 56 dioceses benefited from the distributions generated by Igivecatholic.


Official website here: www.igivecatholic.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 80%, Three-Star out of Four Star rating.

Igivecatholic has achieved an 80% rating on Charity Navigator, reflecting a solid performance particularly in accountability and finance. The organization scores exceptionally well in areas such as maintaining a majority independent board and having robust audit and oversight practices. These factors indicate a strong commitment to transparency and ethical governance, earning top marks for conflict of interest policies and the availability of financial statements.

However, despite its strengths, Igivecatholic shows some limitations, particularly in fundraising efficiency and working capital. The fundraising efficiency ratio is notably low, indicating that the organization may not be maximizing its fundraising efforts as effectively as possible. Additionally, the working capital ratio suggests potential liquidity concerns, which could impact its operational flexibility in the long run. Overall, while the organization demonstrates strong financial governance, attention to these areas could enhance its sustainability and impact.


This AI summary has been generated from information found on Charity Navigator.

Is Igivecatholic legitimate?

Igivecatholic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Igivecatholic submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.igivecatholic.org

What is the mission statement of Igivecatholic?

Igivecatholic's mission is centered around supporting Roman Catholic dioceses across the nation. They accomplish this through an annual online giving event, known as #Igivecatholic. This event serves as a platform for parishes, schools, and nonprofit ministries affiliated with Roman Catholic dioceses to connect with their existing donors and establish relationships with new ones. Celebrated on the Tuesday following Thanksgiving, Black Friday, and Cyber Monday, #Igivecatholic marks the commencement of the charitable season, bringing the Catholic community together to express gratitude and give back. Considered the most successful Catholic crowdfunding event to date, #Igivecatholic is held on Giving Tuesday, a global day of giving. In the fiscal year 2022, 56 dioceses benefited from distributions obtained through #Igivecatholic.


Official website here: www.igivecatholic.org

Who is the CEO of Igivecatholic?

Cory J Howat is the Director of Igivecatholic.


Official website here: www.igivecatholic.org

What is the revenue of Igivecatholic?

Igivecatholic's revenue in 2022 was $5,824,124.


Official website here: www.igivecatholic.org

Who are the executives of Igivecatholic and what are their salaries?

There 9 volunteers at Igivecatholic.


Here are 6 key members and their salaries:


Most Rev Gregory M Aymond Dd (Director)
  • Compensation: $0
  • Related: $22,556
  • Other: $47,239
Most Rev Wilton D Gregory Sld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Most Rev Joseph R Kopacz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory J Howat (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Whitaker (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina B Templet (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.igivecatholic.org

Where can I find the form 990 for Igivecatholic?

Igivecatholic's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.igivecatholic.org

Learn more at the official website: www.igivecatholic.org

Mission Statement of Igivecatholic

IgiveCatholic is an initiative that aims to support Roman Catholic dioceses nationwide. This online giving event serves as a platform for parishes, schools, and nonprofit ministries affiliated with these dioceses to connect with their existing donors and establish relationships with new ones. Celebrated annually on the Tuesday following Thanksgiving, Black Friday, and Cyber Monday, IgiveCatholic is a significant event that kickstarts the charitable season and brings the Catholic community together to express gratitude and contribute to worthy causes. Considered the most successful Catholic crowdfunding event to date, IgiveCatholic is held on Giving Tuesday, a globally recognized day of giving. In the fiscal year 2022, 56 dioceses benefitted from donations distributed through IgiveCatholic.

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Impact




July, 2024

IgiveCatholic's impact lies in its ability to support Roman Catholic dioceses across the country through a successful online crowdfunding event. Celebrated on the Tuesday following Thanksgiving, IgiveCatholic brings the Catholic community together to give thanks and give back. It is considered the most successful Catholic crowdfunding event to date, always held on GivingTuesday, a global day of giving.

During FYE 2022, 56 dioceses were supported by distributions from IgiveCatholic. This online giving event provides parishes, schools, and ministries affiliated with Roman Catholic dioceses the opportunity to connect with their current donors and establish relationships with new donors. By fostering this sense of community and generosity, IgiveCatholic plays a vital role in supporting the Catholic community and its charitable endeavors.




This information is meant to be a general summary of Igivecatholic. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,824,124 (2022)
Expenses
$5,817,356 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $475,790
  • Gross Receipts: $5,824,124

Assets and Liabilities:

  • Total Assets: $241,899
  • Total Liabilities: $99,962
  • Net Assets: $141,937

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DONOR PROCESSING FEE

Revenue

$311,790

PARTICIPATION INCOME

Revenue

$164,000

Organization Details

Founding Year

2017

Principal Officer

Cory J Howat

Main Address

7887 WALMSLEY AVE, NEW ORLEANS, LA, 70125

NTEE Category

Code: X22 - Religion related

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