LHousing & ShelterEIN: 541441917· Ruling Year: 1988

Caritas

Richmond, Virginia

A-Health Score
82A-

Financial Health Score

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

Very Good

💰
$6.8M
Total Revenue
📊
$6.8M
Total Expenses
🏦
$19.7M
Net Assets
📋
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+32.7%
Year-over-year change (2022 → 2023)
Net Margin
+0.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.91
Net assets divided by total expenses
Liabilities-to-Assets
9.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,827,99733%$6,782,96027%$21,737,1105%
2022$5,144,6343%$5,352,6234%$20,735,4602%
2021$4,984,45240%$5,143,38627%$21,130,7517%
2020$8,374,45887%$4,035,00525%$22,645,02912%
2019$4,469,83763%$3,227,7081%$20,164,63126%
2018$12,104,87080%$3,270,7201%$16,037,167128%
2017$6,711,186100%$3,295,8794%$7,029,414106%
2016$3,351,388$3,168,9764%$3,415,0114%
2015$3,345,15113%$3,042,15810%$3,282,70710%
2014$2,954,2018%$2,754,9078%$2,974,1439%
2013$2,726,87811%$2,993,1611%$2,737,5115%
2012$3,071,690119%$2,964,47377%$2,877,2735%
2011$1,404,104$1,670,434$2,730,552

Frequently Asked Questions

What does Caritas do?

Caritas is a housing & shelter nonprofit organization based in Virginia. It is classified under NTEE code L41Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Caritas financially healthy?

Based on our 9-metric Financial Health Score model, Caritas has a score of 82/100 (Grade: A-). 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 generate?

Caritas reports $6.9M in annual revenue and holds $22.0M in total assets, based on IRS filings.

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