Caritas
Richmond, Virginia
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,827,997โ33% | $6,782,960โ27% | $21,737,110โ5% | |
| 2022 | $5,144,634โ3% | $5,352,623โ4% | $20,735,460โ2% | โ |
| 2021 | $4,984,452โ40% | $5,143,386โ27% | $21,130,751โ7% | โ |
| 2020 | $8,374,458โ87% | $4,035,005โ25% | $22,645,029โ12% | โ |
| 2019 | $4,469,837โ63% | $3,227,708โ1% | $20,164,631โ26% | โ |
| 2018 | $12,104,870โ80% | $3,270,720โ1% | $16,037,167โ128% | โ |
| 2017 | $6,711,186โ100% | $3,295,879โ4% | $7,029,414โ106% | โ |
| 2016 | $3,351,388 | $3,168,976โ4% | $3,415,011โ4% | โ |
| 2015 | $3,345,151โ13% | $3,042,158โ10% | $3,282,707โ10% | โ |
| 2014 | $2,954,201โ8% | $2,754,907โ8% | $2,974,143โ9% | โ |
| 2013 | $2,726,878โ11% | $2,993,161โ1% | $2,737,511โ5% | โ |
| 2012 | $3,071,690โ119% | $2,964,473โ77% | $2,877,273โ5% | โ |
| 2011 | $1,404,104 | $1,670,434 | $2,730,552 | โ |
Frequently Asked Questions
What does Caritas do?โผ
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?โผ
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?โผ
Caritas reports $6.9M in annual revenue and holds $22.0M in total assets, based on IRS filings.
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