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Human Services : Homeless Services

CARITAS

From shelter to stability

four stars

90.05

P.O. Box 25790 Richmond, VA 23260
tel: (804) 358-0964   Web Site
EIN: 54-1441917

Board Leadership
Alexandra Bayler
President

CEO
Karen Stanley
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 90.05 four stars
  Financial 91.24 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

United by our compassion, CARITAS helps our most vulnerable neighbors break the cycles of homelessness and addiction to reclaim their dignity.

United by our compassion, CARITAS helps our most vulnerable neighbors break the cycles of homelessness and addiction to reclaim their dignity.

Impact Information

This charity has reported a measure of cost-effectiveness: how much impact (per dollar) your donation will have on the charity's social outcome. The cost-effectiveness calculation was performed using protocols developed by ImpactMatters, an independent auditor of philanthropic impact.

For nonprofits that run multiple programs, we highlight the impact of one program below.  Learn More about Impact Information.
Program Name: Caritas
Program Activities
Caritas provides people experiencing homelessness with a temporary place to stay.
Impact Statement
$20 provides a night of shelter for a person experiencing homelessness.
Impact Assessment
5/5
Assessment Benchmark
Impact assessments of emergency shelters are based on the cost of providing a night of shelter relative to the Fair Market Rent in that county. Programs receive a 5/5 assessment if they are less than 200% the cost of a meal and a 4/5 assessment if they are less than 400%. If a nonprofit reports impact but doesn't meet the threshold for cost-effectiveness, it earns a 3/5 assessment.
Methodology
ImpactMatters analyzed publicly available data to rate the cost-effectiveness of Caritas.
Data Source
We look for self-reported shelter nights. If we cannot find this information we estimate it using HIC data.
Method for Attributing Outcomes
We assume that the provision of shelter by one nonprofit does not diminish the provision of shelter by any other (neighboring) nonprofit. We also assume there is, in general, no slack capacity in the homeless shelter system. In the absence of a given shelter, beneficiaries would not be able to stay at another shelter because other shelters are assumed to have no beds to spare. We therefore set the counterfactual to zero.
Details
Analysis conducted by ImpactMatters and published on November 22, 2019.
This impact information is current as of April 2020, when it was provided to us by ImpactMatters. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

91.24

Accountability & Transparency

three stars

89.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.5%
  Administrative Expenses 9.8%
  Fundraising Expenses 9.5%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 4.87
  Program Expenses Growth 1.5%
  Liabilities to Assets 0.8%
All data for Financial Performance Metrics calculations was provided by CARITAS on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by CARITAS on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
CARITAS (VA) 90.05 four stars
Women's Lunch Place (MA) 89.92 three stars
JOIN (OR) 97.17 four stars
Chrysalis (CA) 92.92 four stars
The Samaritan Inn (TX) 93.40 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $11,008,058
   Federated Campaigns $172,051
   Membership Dues $0
   Fundraising Events $20,000
   Related Organizations $0
   Government Grants $388,995
Total Contributions $11,589,104
   Program Service Revenue $344,256
Total Primary Revenue $11,933,360
   Other Revenue $171,510
TOTAL REVENUE $12,104,870
   
EXPENSES  
   Program Expenses $2,588,047
   Administrative Expenses $383,927
   Fundraising Expenses $298,746
TOTAL FUNCTIONAL EXPENSES $3,270,720
   
Payments to Affiliates $0
Excess (or Deficit) for the year $8,834,150
   
Net Assets $15,901,987

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Furniture Bank $1,473,904 57.0%
Emergency Shelter $851,317 32.9%
Job Readiness Program $262,826 10.2%

Ratings History
CARITAS has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 08/01/2019 90.05 four stars
2017-06 09/01/2018 92.44 four stars
2016-06 10/01/2017 88.95 three stars
2015-06 07/01/2016 94.34 four stars
2014-06 06/01/2016 94.07 four stars
 
CN 2.0
2014-06 09/01/2015 94.28 four stars
2013-06 10/01/2014 96.02 four stars
2012-06 10/01/2013 96.31 four stars
2011-06 07/01/2012 94.62 four stars
2010-06 05/01/2012 94.28 four stars
2010-06 11/01/2011 92.18 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 54-1441917
Name in IRS Master File CARITAS
NTEE Code L41
NTEE Classification Homeless, Temporary Shelter For
NTEE Type Housing, Shelter
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (399) Other housing activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1988
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$158,832 4.85% Karen J. Stanley Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
CARITAS (VA) 90.05 four stars
The INN (NY) 89.66 three stars
Vision House (WA) 91.47 four stars
Open Doors Kalamazoo (MI) 96.10 four stars
Metrocrest Social Services (TX) 92.30 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

CARITAS
P.O. Box 25790
Richmond, VA 23260
tel: (804) 358-0964
fax: (804) 354-8220
EIN: 54-1441917

Visit Web Site

Board Leadership

Alexandra Bayler
President

CEO

Karen Stanley
President, CEO

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