Hasang Caritas International Relief
Hasang Caritas International Relief shows strong revenue growth and zero reported executive compensation, with increasing assets.
EIN: 202457676 · Vienna, VA · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $561K |
| Total Expenses | $277K |
| Program Spending | 85% |
| Net Assets | $217K |
| Transparency Score | 90/100 |
Is Hasang Caritas International Relief Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hasang Caritas International Relief directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hasang Caritas International Relief
Hasang Caritas International Relief (EIN: 202457676) is a nonprofit organization based in Vienna, VA, classified under NTEE code Q33. The organization reported total revenue of $561K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hasang Caritas International Relief's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hasang Caritas International Relief is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $343K |
| Total Expenses | $277K |
| Surplus / Deficit | +$65K |
| Total Assets | $249K |
| Total Liabilities | $32K |
| Net Assets | $217K |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Hasang Caritas International Relief reported a surplus of $65K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hasang Caritas International Relief's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.7% | -49.7% | +63.9% |
| 2022 | +170.8% | +193.2% | +15.1% |
| 2021 | -1.7% | -8.2% | +8.8% |
| 2020 | +15.5% | +2.6% | +43.2% |
| 2019 | +4.3% | +0.2% | +19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hasang Caritas International Relief with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hasang Caritas International Relief allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $65K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.8%.
Executive Compensation Analysis
Hasang Caritas International Relief consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Hasang Caritas International Relief:
- Consistent 0% officer compensation, indicating high mission focus.
- Significant revenue growth in recent years, from ~$200k to over $500k.
- Growing asset base, from $75,512 in 2015 to $249,055 in 2023.
- Low liabilities across most filing periods, demonstrating sound financial management.
- Positive net income in most recent periods (e.g., $65,343 in 2023, $7,229 in 2022).
Frequently Asked Questions about Hasang Caritas International Relief
Is Hasang Caritas International Relief a legitimate charity?
Hasang Caritas International Relief (EIN: 202457676) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $561K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Hasang Caritas International Relief spend its money?
Hasang Caritas International Relief directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hasang Caritas International Relief tax-deductible?
Hasang Caritas International Relief is registered as a tax-exempt nonprofit (EIN: 202457676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hasang Caritas International Relief's spending goes to programs?
Hasang Caritas International Relief directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hasang Caritas International Relief compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hasang Caritas International Relief is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hasang Caritas International Relief located?
Hasang Caritas International Relief is headquartered in Vienna, Virginia and files with the IRS under EIN 202457676. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Hasang Caritas International Relief have?
Hasang Caritas International Relief has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $561K in total revenue.
Is Hasang Caritas International Relief a good charity?
Based on the available data, Hasang Caritas International Relief appears to be a good charity. It demonstrates strong financial health with growing assets, low liabilities, and a commendable policy of 0% officer compensation, suggesting a high dedication to its mission.
How has the organization's revenue trended over time?
The organization's revenue has shown significant growth, particularly in recent years. After hovering around $200,000 annually from 2014-2021, revenue jumped to $558,483 in 2022 and $560,960 in the latest period, indicating increased support and activity.
What is the organization's asset growth like?
Hasang Caritas International Relief has shown consistent asset growth, increasing from $75,512 in 2015 to $249,055 in 2023, which suggests a strengthening financial foundation and capacity.
Filing History
IRS 990 filing history for Hasang Caritas International Relief showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hasang Caritas International Relief's revenue has grown by 98.1%, moving from $173K to $343K. Total assets increased by 118.9% over the same period, from $114K to $249K. Total functional expenses rose by 48.5%, from $187K to $277K. In its most recent filing year (2023), Hasang Caritas International Relief reported a surplus of $65K, with revenue exceeding expenses. The organization holds $32K in liabilities against $249K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $343K | $277K | $249K | $32K | — | View 990 |
| 2022 | $558K | $551K | $152K | $0 | — | View 990 |
| 2021 | $206K | $188K | $132K | $0 | — | View 990 |
| 2020 | $210K | $205K | $121K | $0 | — | View 990 |
| 2019 | $182K | $200K | $85K | $0 | — | View 990 |
| 2018 | $174K | $199K | $71K | $0 | — | View 990 |
| 2017 | $165K | $180K | $96K | $0 | — | View 990 |
| 2016 | $235K | $199K | $111K | $0 | — | View 990 |
| 2015 | $198K | $211K | $76K | $0 | — | View 990 |
| 2014 | $203K | $188K | $88K | $0 | — | View 990 |
| 2013 | $155K | $173K | $74K | $0 | — | View 990 |
| 2012 | $144K | $166K | $92K | $0 | — | View 990 |
| 2011 | $173K | $187K | $114K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $343K, expenses of $277K, and assets of $249K (revenue -38.7% year-over-year).
- 2022: Revenue of $558K, expenses of $551K, and assets of $152K (revenue +170.8% year-over-year).
- 2021: Revenue of $206K, expenses of $188K, and assets of $132K (revenue -1.7% year-over-year).
- 2020: Revenue of $210K, expenses of $205K, and assets of $121K (revenue +15.5% year-over-year).
- 2019: Revenue of $182K, expenses of $200K, and assets of $85K (revenue +4.3% year-over-year).
- 2018: Revenue of $174K, expenses of $199K, and assets of $71K (revenue +5.4% year-over-year).
- 2017: Revenue of $165K, expenses of $180K, and assets of $96K (revenue -29.5% year-over-year).
- 2016: Revenue of $235K, expenses of $199K, and assets of $111K (revenue +18.4% year-over-year).
- 2015: Revenue of $198K, expenses of $211K, and assets of $76K (revenue -2.3% year-over-year).
- 2014: Revenue of $203K, expenses of $188K, and assets of $88K (revenue +31.0% year-over-year).
- 2013: Revenue of $155K, expenses of $173K, and assets of $74K (revenue +7.1% year-over-year).
- 2012: Revenue of $144K, expenses of $166K, and assets of $92K (revenue -16.5% year-over-year).
- 2011: Revenue of $173K, expenses of $187K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hasang Caritas International Relief:
Data Sources and Methodology
This transparency report for Hasang Caritas International Relief is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.