Catholic Charities, Diocese of Covington

Legal name: Catholic Charities of the Diocese of Covington Inc

Nonprofit profile at a glance

EIN
610461728
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Covington, KY, United States
Phone
859-581-8974
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Reproductive Health Care Facilities and Allied Services
Affiliation
Christianity

Official website

Reported finances

Revenue
$3,095,811
Expenses
$2,720,074
Assets
$6,475,424
Liabilities
$111,992

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • MOST REVEREND JOHN IFFERT (PRESIDENT)
  • VERY REV MARK KEENE VG (VICE PRESIDENT)
  • MR CHRIS GODDARD (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MR CHRIS GODDARD (EXECUTIVE DIRECTOR): $108,915 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We serve all people in our Diocese who lack basic human needs, including physical, spiritual, or emotional, regardless of their religious beliefs. Using a unique holistic approach, we support and empower our clients to achieve self-sufficiency by providing guidance, tools, and life-skills. We also serve our volunteers, supporters, and partner agencies / ministries by providing the means for them to serve and assist their neighbors in need through our programs or referrals. Our Vision:.

What it reported doing in 2024

Safe passage housing counselingthe housing department educated 75 class participants through homebuyer education classes. Housing department counseled 15 individuals for one-on-one pre-purchase counseling, 31 individuals for mortgage delinquency and 6 clients on financial management/budgeting. Expenses: 103,294 grants: 7,242 revenue: 0st. Joseph apartmentsst joseph apartments houses 16 families. We increased service provided adding more life skills training for both one on one and groups with the focus on self-care, househould management, parenting education, healthy eating, budgeting, mental health and over all care on personal health. St joseph apartments has increased community partners and resources for the residents and strengthening partnership with the school, focused on literacy support and tutoring for the children, improvement of 25%. Transportation and support is provided to medical appointments including mental health appointments.expenses: 133,142 grants: 2,598 revenue: 0parenting program: parenting program offers parenting support to families in their home with hands on activities and coaching. We have assisted 4 families this past year.expenses: 41,176 grants: 1,246 revenue: 0other programs: expenses: 96,318 grants: 755 revenue: 0

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% 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 available resources goes toward mission work. Fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.7%; rating input score 64
  • Program expense ratio: 65.5%; rating input score 66
  • Fundraising efficiency: $9.12 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 63rd 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: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 12.1%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 2.38; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 0.5% per year; rating input score 100; 15th percentile among comparable filings
  • Revenue growth: 1.1% per year; rating input score 100; 16th percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 29th percentile among comparable filings

Details

  • What they do: 7 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 63.7% of revenue deployed · 65.5% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $1.8M in reported program spending
  • Leadership: top reported pay $109K · 9 people listed
  • Consistency: 37 of 37 current checks pass
  • Schedules: 8 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.