Community of Caritas

Analysis

Community of Caritas is a registered charity in United States, based in Sterrett, AL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Community of Caritas reported income of $990k and spending of $980k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $502k to $990k (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 490%. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Community of Caritas sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include Operation Grace World Missions Inc ($990k), Love Inc of the Kenai Peninsula ($992k) and Gospel Operation International USA ($990k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.