Caritas
Helps vulnerable neighbors overcome homelessness and addiction to regain dignity. For fiscal year 2025 it reported $6.4M in revenue, $6.8M in expenses, and $20.0M in net assets.Pt I
- Founded
- 1987
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Richmond, VA
- Website
- www.caritasva.org
- Filings
- 5 on file (2021–2025)
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Summary of the Filing
Where the work happens
Emergency Shelter
Caritas is a leading provider of emergency shelter to unaccompanied individuals in central virginia providing food, shelter, housing assistance, and a pathway to self-sufficiency. Caritas serves more than 700 people annually.
Furniture Bank
Caritas accepts donations of new and gently used furniture, kitchenware, linens and basic household items at central virginia's only furniture bank, which serves more than 650 households annually. Equipped with basic household goods, these families can dedicate their resources to breaking the cycle of homelessness and poverty.
Works- caritas runs an intensive workforce development and life skills program for individuals with significant barriers to employment including homelessness, addiction, and felony convictions. More than 75% of works students leave the program employed and equipped to thrive in the community.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Karen O'Brien’s $201K as CEO is at the 88th percentile of top reported officer pay among 2025 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 7 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Karen J Stanley | — | — | $210,553 | $230,711 | $213,850 |
| Karen O'Brien | $200,619 | $185,793 | $128,499 | $140,692 | $125,097 |
| Clara Stokes | $139,908 | $137,059 | $121,434 | $128,174 | $110,533 |
| Mark Cassidy | $138,326 | $94,012 | — | — | — |
| Emily Lehmann | $123,283 | — | — | — | — |
| Elly Flippen | — | — | $94,492 | $120,775 | — |
| Karen Stanley | — | $118,515 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 79% | — | — |
| Overhead ratio | 14% | — | — |
| Fundraising cost ratio | 9% | — | — |
| Revenue growth | -6% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 0.8% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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