Casa Montego II Inc

Analysis

Casa Montego II Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Casa Montego II Inc reported income of $441k and spending of $657k, spending 149% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $315k to $441k (+40%), an average of +8.8% a year. Over the whole period it spent 163% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Montego II Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Ebc Housing II ($441k), Home Means Nevada Inc ($441k) and St Patrick Manor Inc ($441k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Other salaries and wages came to $75k. At year end it held assets of $5.7m against liabilities of $9.1m, net assets of -$3.4m.

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.