Catholic Revival Initiative Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
- Raising each dollar of donations cost 3115 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Mission: Innovative, Vatican-approved funding model designed to restore and endow Catholic parishes, schools, and communities in perpetuity. Vision: Invest in vibrant, but under-resourced, Catholic communities by revitalizing iconic parishes, schools, and communities.
- Income
- $6,000
- Spending
- $500,251
- Spent on programs
- 55%
- Reserves
- -11.9 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 3
- Volunteers
- 0
- Highest pay
- $416,558, president / director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 0 out of 100. Higher than 0% of charities in its peer group (religion, under $250k).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 179% of what it owns.
Living within its means
0 of 15Spending exceeded income by 8238% of income.
Spending floor
0 of 1555% of spending went to programs and raising each dollar of donations cost 3115 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 71 out of 100. Higher than 75% of charities in its peer group (religion, under $250k).
Independent board
5 of 250 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $274,458 spent. Catholic Revival Initiative, Inc. ("CRI") is focused on restoring and endowing Catholic parishes and schools across the United States, particularly those in low-income areas. The organization aims to acquire existing Catholic properties (either directly or through related entities like title holding companies or supporting organizations), restore them, and create sustainable endowment funds to relieve local leaders of financial burdens. These revitalized premises are intended to become not just places of worship, but also full-fledged community hubs. CRI plans to lease the properties back to parishes at nominal rates and manage renovations, fundraising, and property maintenance while promoting holistic community support. CRI's first project will be the restoration of the Basilica of Sainte Anne de Detroit (the "Ste. Anne Basilica Church"), a parish that was established in 1701 and is the second oldest continuously operating Roman Catholic parish in the United States. CRI will raise funds to complete capital improvements and other repairs and restoration work to the facility, and will establish an endowment fund to support the continued maintenance, repair, and improvement of the premises in perpetuity.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.