LHousing & ShelterEIN: 042875899· Ruling Year: 1987

Caritas Communities Inc

Braintree, Massachusetts

CHealth Score
37C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

💰
$5.8M
Total Revenue
📊
$6.5M
Total Expenses
🏦
-$4.6M
Net Assets
📋
$24.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+26.4%
Year-over-year change (2022 → 2023)
Net Margin
-11.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.71
Net assets divided by total expenses
Liabilities-to-Assets
123.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,802,49426%$6,455,01412%$19,363,16811%
2022$4,590,86020%$5,744,72514%$17,370,5546%
2021$5,716,15117%$6,689,7941%$16,422,8708%
2020$6,861,86820%$6,652,05515%$17,924,76526%
2019$5,740,66734%$5,789,98417%$24,210,5673%
2018$4,278,22221%$4,969,02711%$25,000,6173%
2017$5,442,4158%$5,574,9027%$25,876,70415%
2016$5,930,7578%$6,004,4342%$22,415,0601%
2015$6,443,68812%$5,903,9625%$22,619,9352%
2014$5,747,9975%$5,598,7018%$22,176,87827%
2013$5,456,85721%$6,098,6981%$30,230,2182%
2012$6,920,15945%$6,060,32814%$29,515,9794%
2011$4,765,120$5,335,492$28,493,064

Frequently Asked Questions

What does Caritas Communities Inc do?

Caritas Communities Inc is a housing & shelter nonprofit organization based in Massachusetts. It is classified under NTEE code L200 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Caritas Communities Inc financially healthy?

Based on our 9-metric Financial Health Score model, Caritas Communities Inc has a score of 37/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Caritas Communities Inc generate?

Caritas Communities Inc reports $9.2M in annual revenue and holds $18.7M in total assets, based on IRS filings.

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