Casa de Venezuela

Analysis

Casa de Venezuela is a registered charity in United States, based in Lafayette HL, PA. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Casa de Venezuela reported income of $61k and spending of $56k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $61k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Casa de Venezuela sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include American Lebanese Joint Civic Assn Inc NFP ($61k), Red Hawks American Indian Educational and Culture Awareness ($61k) and Transducer Research Foundation Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.