Caritas Housing Corporation

Analysis

Caritas Housing Corporation is a registered charity in United States, based in Hicksville, NY. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Caritas Housing Corporation reported income of $499k and spending of $265k, leaving 47% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $58k to $499k (+764%), an average of +72% a year. The sharpest change came in the year to September 2020, when income rose by 3246%. Over the whole period it spent 13% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Caritas Housing Corporation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Mid-East Housing Incorporated ($499k), Homeward Bound in Puyallup ($499k) and Luther Village III of Dover Inc ($499k).

At year end it held assets of $12.3m against liabilities of $5,025, net assets of $12.3m.