LHousing & 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$26,045,4052%$25,618,6372%$201,334,67616%
2022$25,570,51021%$26,051,23622%$173,667,41021%
2021$21,109,39411%$21,282,0675%$218,858,49740%
2020$18,949,9037%$20,248,9416%$155,856,1617%
2019$20,394,58210%$21,449,3762%$167,212,6595%
2018$22,662,17838%$21,942,64418%$175,430,773
2017$16,463,3094%$18,546,83210%$174,625,26651%
2016$15,757,0714%$16,878,5761%$115,342,1242%
2015$15,173,0582%$17,118,8935%$112,797,540
2014$14,907,9901%$16,312,4632%$112,507,7291%
2013$15,083,34816%$15,938,86213%$113,209,6511%
2012$12,969,50135%$14,068,42643%$114,345,47864%
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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