Human Services (P85) IRS Verified DX Registered 990 on File

CARIDAD INC

EIN: 47-2578332 · LAS VEGAS, NV 89125-1001 · United States · FY 2024 Data

3 out of 5 53 / 100 Based on 2+ years of filings

Financial strength (30%) 65/100

Reliability (20%) 50/100

Effectiveness (25%) 93/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Our mission is to humanize the homeless. This is carried out through using a customer service and concierge based approach. Caridad’s vision is to end unsheltered homelessness by building modest dignified dwellings and providing case management to clients. Hebron is a 124-unit property located in downtown Las Vegas, run by Caridad as a resource to both clients, and tenants who have low or fixed incomes. By providing job integration using a harm reduction/low barriers model, as well as wellness programming, the goal is for the restoration of the whole person back into the community. We hope that these positive changes will begin to extend beyond our surrounding service areas, and will create thriving communities.

Financial Overview — FY 2024

$1.9M

Total Revenue

$1.9M

Total Expenses

$-110,840

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.9%

Fundraising Efficiency N/A

Operating Reserve -0.69x

Liability-to-Asset 255.6%

Revenue Diversification 60.6%

Executive Compensation $73K

Compared with Peers

FY 2024

Compared with 7,588 similar organizations (United States, Human Services, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	88.9%	85.5%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	6.3%	11.3%	P10P90	Top quarter
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	4.9%	0.4%	P10P90	Bottom quarter
Operating reserve Months of expenses covered by net assets · higher is better	-0.7 mo	8.5 mo	P10P90	Bottom quarter
Liabilities to assets Total liabilities / total assets · lower is better	255.6%	13.3%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	60.6%	93.2%	P10P90	Top quarter
Revenue growth Year over year revenue growth	27.3%	7.1%	P10P90
Expense growth Year over year expense growth	27.3%	7.9%	P10P90
Surplus margin Surplus as a share of revenue	-1.7%	1.9%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$1.9M	$1.9M	$-110,840	88.9%	52
2023	$1.5M	$1.5M	$-77,983	89.3%	47
2022	$1.3M	$1.5M	$-95,820	80.6%	40
2021	$610K	$869K	N/A	—	29

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Organization Details

EIN: 47-2578332
State: NV
City: LAS VEGAS
ZIP: 89125-1001
Classification: P85
Category: Human Services
Rating: 3★
Coverage: A
Last Updated: Aug 2026
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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