Casas Del Rio Grande

Analysis

Casas Del Rio Grande is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2024, Casas Del Rio Grande reported income of $239k and spending of $363k, spending 152% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $246k to $239k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to March 2024, when income rose by 19%. Over the whole period it spent 135% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Casas Del Rio Grande sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Patriarchs Club ($239k), Women of the Vine & Spirits Foundation Ltd ($239k) and Hillsborough Consortium for Technology and Education Inc ($239k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 52% and program service revenue 46% of the total. Other salaries and wages came to $44k. At year end it held assets of $2.2m against liabilities of $137k, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.