Catholic Charities of Central New Mexico
Legal name: Catholic Charities
Nonprofit profile at a glance
- EIN
- 850110070
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Albuquerque, NM, USA
- Phone
- 505-724-4670
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $14,007,297
- Expenses
- $7,560,096
- Assets
- $18,567,396
- Liabilities
- $5,314,207
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Highest reported compensation
- CHRISTINE REEDERS (CHIEF FIN. O): $115,043 total reported compensation
- NATASHA GACINSKI (CHIEF EXEC.): $48,427 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To put faith in action to improve the lives of those in need. Catholic Charities is an independent nonprofit organization that is part of the Catholic Charities USA network. While we share the Church’s values of compassion, service, and respect for human dignity, we operate separately from the institutional Church. We receive a a portion of our funding, about 4% of our annual budget, from the Archdiocese and individual parish contributions. Our programs are not religious in nature, and we serve people of all faiths and backgrounds, or none at all. Our mission is grounded in Catholic social teaching, but our work is about helping every person in need without exception. How is Catholic Charities funded? Our funding comes from a mix of sources, including.
What it reported doing in 2024
The center for self-sufficiency and housing assistance provides housing assistance to individuals and families to assist them to transition to self-sufficiency and sustainable housing. Our programs range from one-time rental assistance to long-term permanent housing programs. Our programs rely on a self-sufficiency model where participants are assisted in finding lasting solutions through employment and other support that provides the framework for long-term housing stability. We provide support to families and individuals who are un-housed or in danger of becoming so through the following programs: (1) la luz rapid re-housing program, (2) partners in housing, and (3) rental assistance program.
Operating model
- Revenue model
- Donor-supported. 61% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 94
- Accountability: 100
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.8%; rating input score 45
- Program expense ratio: 81.3%; rating input score 81
- Fundraising efficiency: $34.4 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 46%; rating input score 93; 93rd percentile among comparable filings
- Total-asset coverage ratio: 2.46; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 70th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 44.8% of revenue deployed · 81.3% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $6.1M in reported program spending
- Leadership: top reported pay $115K · 18 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 9 filed schedules · includes major donors and grants
- Filing history: 13 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.