The Caritas Corporation
The Caritas Corporation reported $28.2 million in revenue and $27.8 million in expenses for calendar year 2024. Of every $100 it spent, $90.02 went to program services, $9.98 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 95.3% of the total. The highest compensation it reported for one person was $256,119 (CHIEF OPERATING OFFICER). 5 people received more than $100,000 in reportable compensation. Revenue rose 38% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $28MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $28MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.0% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.3% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 95.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $256,119 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.92% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 5 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -4.8 | 10.0 |
| Independent voting board members Part VI 1a–1b | 6 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseSupport for the purpose of supervising and assisting one affiliated corporation that owns and maintains affordable housing projects (mobile home parks and an apartment building). Additionally, the Caritas Corporation's exempt purpose achievements include the purchase and operation of affordable housing projects located in the california cities of dana point, fresno, garden grove, lancaster, newcastle, oceano, palmdale, san marcos, vacaville, santa monica, yucaipa, indio, thermal, napa valley, and chatsworth, which have an unfulfilled statutory obligation to provide affordable housing. There…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $237,916 | $0 | $18,203 | $256,119 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $163,582 | $0 | $9,695 | $173,277 |
| VP OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $148,992 | $0 | $2,128 | $151,120 |
| CHIEF INVESTING OFFICER Officer, 40.00 hrs/week | $137,249 | $0 | $220 | $137,469 |
| CHIEF MISSION OFFICER Officer, 40.00 hrs/week | $110,047 | $0 | $1,372 | $111,419 |
5 people received more than $100,000 in reportable compensation from The Caritas Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $798K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 67
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| REDWITZ INC Accounting, consulting | $1,003,920 |
| BIRTCHER ANDERSON REALTY MANAGEMENT Property management | $915,076 |
| JB BOSTICK CO INC Asphalt and paving services | $278,655 |
| AS DESIGN ASPHALT Asphalt | $210,746 |
| JB-TC VENTURES INC Concrete gutter | $155,509 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to The Caritas Corporation totaling $11 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Caritas Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Caritas Corporation, you can publish a response that is linked from this page.
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Of every $100 The Caritas Corporation spent in 2024, $90.02 went to programs. The full breakdown, from its IRS Form 990:
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All housing & shelter charities · Largest charities in California
Questions people ask
How much of The Caritas Corporation's spending goes to programs?
In calendar year 2024, The Caritas Corporation reported that 90.0% of its $27.8 million in expenses went to program services, 10.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Caritas Corporation pay its top executive?
The largest total compensation The Caritas Corporation reported for one person in calendar year 2024 was $256,119, for the role of CHIEF OPERATING OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Caritas Corporation get its money?
Of $28.2 million in revenue in calendar year 2024, 0.3% came from contributions and grants (including 0.1% from government grants) and 95.3% from program service revenue (Form 990, Part VIII).
Is The Caritas Corporation a registered charity?
The IRS lists EIN 33-0694603 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543189349303494 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349320605 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349308866 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349322177 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349314706 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349312367 · read the filing
All filings for EIN 33-0694603: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.