L โ€” Housing & ShelterEIN: 541441917ยท 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

๐Ÿ’ฐ
$6.8M
Total Revenue
๐Ÿ“Š
$6.8M
Total Expenses
๐Ÿฆ
$19.7M
Net Assets
๐Ÿ“‹
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+32.7%
Year-over-year change (2022 โ†’ 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$6,827,997โ†‘33%$6,782,960โ†‘27%$21,737,110โ†‘5%
2022$5,144,634โ†‘3%$5,352,623โ†‘4%$20,735,460โ†“2%
2021$4,984,452โ†“40%$5,143,386โ†‘27%$21,130,751โ†“7%
2020$8,374,458โ†‘87%$4,035,005โ†‘25%$22,645,029โ†‘12%
2019$4,469,837โ†“63%$3,227,708โ†“1%$20,164,631โ†‘26%
2018$12,104,870โ†‘80%$3,270,720โ†“1%$16,037,167โ†‘128%
2017$6,711,186โ†‘100%$3,295,879โ†‘4%$7,029,414โ†‘106%
2016$3,351,388$3,168,976โ†‘4%$3,415,011โ†‘4%
2015$3,345,151โ†‘13%$3,042,158โ†‘10%$3,282,707โ†‘10%
2014$2,954,201โ†‘8%$2,754,907โ†“8%$2,974,143โ†‘9%
2013$2,726,878โ†“11%$2,993,161โ†‘1%$2,737,511โ†“5%
2012$3,071,690โ†‘119%$2,964,473โ†‘77%$2,877,273โ†‘5%
2011$1,404,104$1,670,434$2,730,552

Frequently Asked Questions

What does Caritas do?โ–ผ

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?โ–ผ

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?โ–ผ

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

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Virginia.

Caritas โ€” Richmond, VA | GiveScope