L — Housing & ShelterEIN: 330694603· Ruling Year: 1996

Caritas Corporation

Irvine, California

CHealth Score
40C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.45×
Peer Median12.01×
💰
$26.0M
Total Revenue
📊
$25.6M
Total Expenses
🏦
-$11.4M
Net Assets
📋
$212.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.9%
Year-over-year change (2022 → 2023)
Net Margin
+1.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.45
Net assets divided by total expenses
Liabilities-to-Assets
105.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$26,045,405↑2%$25,618,637↓2%$201,334,676↑16%
2022$25,570,510↑21%$26,051,236↑22%$173,667,410↓21%
2021$21,109,394↑11%$21,282,067↑5%$218,858,497↑40%
2020$18,949,903↓7%$20,248,941↓6%$155,856,161↓7%
2019$20,394,582↓10%$21,449,376↓2%$167,212,659↓5%
2018$22,662,178↑38%$21,942,644↑18%$175,430,773
2017$16,463,309↑4%$18,546,832↑10%$174,625,266↑51%
2016$15,757,071↑4%$16,878,576↓1%$115,342,124↑2%
2015$15,173,058↑2%$17,118,893↑5%$112,797,540
2014$14,907,990↓1%$16,312,463↑2%$112,507,729↓1%
2013$15,083,348↑16%$15,938,862↑13%$113,209,651↓1%
2012$12,969,501↑35%$14,068,426↑43%$114,345,478↑64%
2011$9,572,728$9,816,304$69,849,189

Frequently Asked Questions

What does Caritas Corporation do?▼

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

Is Caritas Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Caritas Corporation has a score of 40/100 (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 Corporation generate?▼

Caritas Corporation reports $28.2M in annual revenue and holds $201.2M in total assets, based on IRS filings.

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