Texas · Nonprofit
CARITAS OF WACO
CARITAS OF WACO (Texas) receives grants from 34 organizations whose IRS filings report $2,677,004 to it, the largest being WACO FOUNDATION ($1,070,092). 17 of them have funded it in more than one year.
- Revenue FY2024
- $13M
- Funders on record
- 34
- Grants received
- $2.7M
- Net assets
- $6.2M
What Caritas of Waco does
Mission
To provide emergency/supplemental assistance in the form of food, clothing, household items, utility, rent and mortgage aid to people in need in the waco community.also provides case management assistance to people wanting to become self-sufficient and eliminate their need for assistance.
As stated on its FY2024 Form 990.
Programs
Household products distribution:caritas has an established partnership with the wal-mart return center in waco. Through this arrangement, caritas receives items returned to wal-mart (items which suppliers did not wish to receive back) and distributes them to other charities and non-profit social service organizations. Such items consist mostly of paper products such as toilet paper, paper towels, and diapers, and other household products. Caritas currently distributes these products to over 200 charitable organizations. Hundreds of thousands of people in need have benefited from this program.
$14,761,031 spentof which $14,510,106 as grants$158,827 earned by the program92% of program spendingEmergency assistance:caritas provides assistance with food, clothing and household items, prescription medications, utilities, rent and mortgage assistance, transportation, and lodging on an emergency basis to people in need. The largest amount of such assistance is for food with caritas aiding an average of 2200 families a month with this service.
$540,625 spentof which $411,846 as grants3% of program spendingThrift stores:caritas operates two resale stores in the waco area. These stores provide clothing and other items free of charge upon referral from caritas interviewers and very reasonably priced, quality clothing and other household items to persons who otherwise would not have access to these articles because of their economic status. The stores also offer employment for individuals desirous of working in a service oriented, non-profit setting. The stores sell donated merchandise only. One of the resale stores closed in september of 2023 and the building was sold in december.
$324,982 spent$297,741 earned by the program2% of program spendingSnap outreach and case management programs
$422,856 spentof which $175,652 as grants3% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $16,049,494.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $6.0M to $6.8M (+14%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 1% · 2022 1% · 2023 1% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.
96% of CARITAS OF WACO’s revenue is contributions — more reliant on donations than three-quarters of its peers (21% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Ann Owen
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 12 funders to 13 funders, grant income rose $183k → $253k.
6 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 49% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of CARITAS OF WACO’s funders (the co-funder graph). Top 30 of 34 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CARITAS OF WACO has a broad base — no single funder exceeds 40% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
77% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CARITAS OF WACO.
Largest funder’s share by year: 2017 29% · 2018 40% · 2019 38% · 2020 39% · 2021 40% · 2022 38% · 2023 45% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
68% of CARITAS OF WACO's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
87% of CARITAS OF WACO's grant income comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CARITAS OF WACO's funding base is broadening — from 12 funders to 13 as grant income climbed.
this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024
Organizations like CARITAS OF WACO
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
96% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for CARITAS OF WACO: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CARITAS OF WACO?
- CARITAS OF WACO (Texas) receives grants from 34 organizations whose IRS filings report $2,677,004 to it, the largest being WACO FOUNDATION ($1,070,092). 17 of them have funded it in more than one year.
- How many funders does CARITAS OF WACO have?
- IRS filings report 34 organizations giving $2,677,004 in grants to CARITAS OF WACO, 17 of which have funded it in more than one year.
- Who is the largest funder of CARITAS OF WACO?
- WACO FOUNDATION is the largest funder on record, with $1,070,092 in grants. The full list of funders is on this page.
- How can an organization like CARITAS OF WACO find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 34 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing