Caritas Center Qalicb

Analysis

Caritas Center Qalicb is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Caritas Center Qalicb reported income of $390k and spending of $1.4m, spending 360% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $5.3m to $390k (-93%), an average of -73% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 24% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Caritas Center Qalicb sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Choose Life Inc ($390k), Franklin County R a C E Inc ($390k) and Tri-State Local Foods ($390k).

At year end it held assets of $45.3m against liabilities of $38.3m, net assets of $7.0m.