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CHARITY REVIEW
Issued: September 2024 Expires: October 2026

Caracole

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
4138 Hamilton Avenue
Cincinnati, OH, 45223

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Caracole meets the 20 Standards for Charity Accountability.

Stated Purpose:
Caracole positively changes lives in the fight against HIV/AIDS through prevention, housing and care.

Year, State Incorporated:
1987, OH

Caracole is Greater Cincinnati’s nonprofit devoted to positively changing lives in the fight against HIV/AIDS. For people living with HIV, we provide housing, case management and pharmacy services to improve health and well-being. Our prevention services focus on outreach, testing, education and harm reduction to help people reduce their risk for HIV. The work we do to end the HIV epidemic is central to a healthy community.

For the year ended December 31, 2022, Caracole's program expenses were:

Pharmacy Services $5,233,216
Case Management $3,371,549
Prevention $1,209,720
Shelter Plus Care $1,148,236
Caracole House $521,483
Permanent Supportive Housing $510,465
Total Program Expenses $11,994,669

Chief Executive
Linda Seiter, CEO

Chair of the Board
Mr. Mark Haggard, Board President

Chair's Profession / Business Affiliation
Retired

Board Size
29

Paid Staff Size
73

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Radio, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 2.84%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Caracole's audited financial statements for the year ended December 31, 2022.

Source of Funds
Pharmacy services $6,126,431
Government grants $5,540,254
Contributions $195,553
Foundation grants $177,325
United Way allocation $75,002
In-kind revenue $68,122
Special events (revenue of $153,368 less expenses of $95,434) $57,934
Room and board $17,386
Miscellaneous income $47
Nonoperating net investment return $-619,786
Total Income $11,638,268

Programs: 94% Fundraising: 1% Administrative: 3%

Total Income $11,638,268
Total expenses: $12,750,245
  Program expenses $11,994,669
  Fundraising expenses $173,625
  Administrative expenses $395,920
  Other expenses $186,031
Income in Excess of Expenses $-1,111,977
Beginning Net Assets $6,626,216
Other Changes In Net Assets $0
Ending Net Assets $5,514,239
Total Liabilities $1,901,583
Total Assets $7,415,822

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Cincinnati