Financial Stewardship

As a 501 (c)(3) organization, Caritas of Austin holds itself to the highest financial and service-related standards through established internal and external accountability measures.

The Board of Directors approves the annual budget before the start of the fiscal year. In addition, the Finance and Monitoring Committee of our Board of Directors meets monthly with the Executive Director, the Chief Financial Officer and the Director of Development to review financial reports and other financial matters.

Each year, Caritas hires an independent financial auditor to review the previous fiscal year and present its findings to the Board of Directors. The auditors meet in person with the Finance and Monitoring Committee and the Board of Directors to present the audit report.

With integrity, Caritas strives towards the vision of a community where there is respect for all individuals, hope for those experiencing poverty and opportunities for self-reliance.