Caritas Hall Association

Analysis

Caritas Hall Association is a registered charity in United States, based in Sherman, IL. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Caritas Hall Association reported income of $694k and spending of $586k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $531k to $694k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Caritas Hall Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Trinity First Lutheran School Chartiable Trust and Foundation ($694k), The West Coast Care Foundation Inc ($695k) and Martha Hursh Yowell Charitable TR ($694k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% of the total. Other salaries and wages came to $281k. At year end it held assets of $2.1m against liabilities of $78k, net assets of $2.0m. It reported 25 employees.