Casa Otonal Housing Corporation

Analysis

Casa Otonal Housing Corporation is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Casa Otonal Housing Corporation reported income of $2.2m and spending of $2.2m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $2.2m (+4.4%), an average of +1.5% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Otonal Housing Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Aya Youth Collective ($2.2m), National Affordable Housing Foundation Taunton Inc ($2.2m) and Homes for All Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $4.5m against liabilities of $5.9m, net assets of -$1.4m.