Casa Inc

Analysis

Casa Inc is a registered charity in United States, based in Westbrook, ME. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Casa Inc reported income of $15.3m and spending of $15.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.5m to $15.3m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within ME. Charities of a similar size with the same main cause include School Settlement Home Attendant Service Corp ($15.3m), Hunger Network of Greater Cleveland ($15.3m) and Westminster Village Terre Haute Inc ($15.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $297k (2.0% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $12.6m against liabilities of $5.9m, net assets of $6.7m. It reported 276 employees.