Overview
What is Caritas?
Caritas, a nonprofit organization situated in Richmond, Virginia, is committed to assisting its most vulnerable community members. With a mission to break the cycles of homelessness and addiction, Caritas provides a safe and supportive environment for individuals in need. Their main operations include operating an extensive emergency shelter, which is the largest and most inclusive in central Virginia. Caritas offers essential services such as food, shelter, client assistance, and a pathway back to self-sufficiency, helping over 500 individuals annually. The organization employs a dedicated team of 147 individuals, all working towards Caritas's goal of aiding those in need to reclaim their dignity.
Official website here: www.caritasva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
Caritas has achieved an impressive overall rating of 98% from Charity Navigator, indicating a high level of trust and effectiveness. The organization excels in Accountability & Finance, Impact & Measurement, and Leadership & Adaptability, each scoring a perfect 100. With a strong program expense ratio of 75.48% and a fundraising efficiency ratio of $0.14, Caritas demonstrates a solid commitment to utilizing its resources efficiently for its mission.
In addition to financial performance, Caritas has a fully independent board, enhancing governance and oversight. The organization has clear strategic goals aimed at providing emergency shelter, addiction recovery services, and basic household furniture to families in need. Their comprehensive policies, including conflict of interest and whistleblower protections, reflect a commitment to ethical practices and transparency.
However, the organization received a lower score of 77 in Culture & Community and Equity Strategies, suggesting there may be areas for improvement in engaging with the community and addressing equity concerns. Overall, Caritas showcases a strong operational framework and a clear mission, though attention to community and equity matters could further enhance its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Caritas legitimate?
Caritas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caritas submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $373,543
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,088,845
For more financial information, click here
Official website here: www.caritasva.org
What is the mission statement of Caritas?
Caritas' mission is centered around assisting its most vulnerable community members in breaking the cycles of homelessness and addiction. By providing a safe and supportive environment, Caritas aims to help these individuals regain their dignity and independence. The organization offers emergency shelter services, including food, shelter, client assistance, and a pathway to self-sufficiency, assisting over 550 individuals annually. Caritas strives to create an opportunity for these individuals to rebuild their lives and overcome their challenges.
Official website here: www.caritasva.org
Who is the CEO of Caritas?
Karen J Stanley is the President/Ceo of Caritas. The CEO's salary of Caritas is $230,711 and their total compensation is $246,498.
Official website here: www.caritasva.org
What is the revenue of Caritas?
Caritas's revenue in 2022 was $5,144,634.
Official website here: www.caritasva.org
Who are the executives of Caritas and what are their salaries?
The average compensation at Caritas during 2022 was $16,751. There are 147 employees and 600 volunteers at Caritas.
Here are 22 key members and their salaries (Caritas's CEO's salary is $230,711 and their total compensation is $246,498):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $120,775
- Related: $0
- Other: $15,549
- Compensation: $230,711
- Related: $0
- Other: $15,787
- Compensation: $128,174
- Related: $0
- Other: $12,775
- Compensation: $140,692
- Related: $0
- Other: $15,255
Official website here: www.caritasva.org
Where can I find the form 990 for Caritas?
Caritas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.caritasva.org
Learn more at the official website: www.caritasva.org
Mission Statement of Caritas
Caritas, a nonprofit organization, is committed to aiding its most vulnerable neighbors in overcoming the cycles of homelessness and addiction. Its mission is to provide a safe and supportive environment where individuals can heal and rebuild their lives. Caritas serves as a beacon of hope for more than 550 people annually, offering them essential services such as food, shelter, client assistance, and a pathway back to self-sufficiency. By creating this sanctuary, Caritas empowers its clients to reclaim their dignity, breaking free from the chains of homelessness and addiction.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Caritas's impact is significant in helping its most vulnerable neighbors break the cycles of homelessness and addiction to reclaim their dignity. It operates as the largest and most inclusive emergency shelter in Central Virginia, providing food, shelter, client assistance, and a pathway back to self-sufficiency. Annually, Caritas helps more than 550 individuals in Richmond, Virginia by creating a safe space for healing and offering time to rebuild their lives. Their focus on housing support contributes to their mission of empowering individuals to overcome challenges and build a brighter future.
This information is meant to be a general summary of Caritas. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $57,985
- Program Service Revenue: $928,128
- Gross Receipts: $6,689,437
Assets and Liabilities:
- Total Assets: $20,735,460
- Total Liabilities: $1,140,237
- Net Assets: $19,595,223
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM & DELIVERY FEES
Revenue
$632,258
SPECIAL PROJECTS
Revenue
$295,870
Organization Details
Founding Year
1987
Phone
(804) 358-0964Principal Officer
Karen J Stanley
Main Address
2220 STOCKTON STREET, RICHMOND, VA, 23224
Website
www.caritasva.orgNTEE Category
Code: L41Z - Housing
If you are a representative of Caritas and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.