Casa de Amigos Endowment Foundation

Analysis

Casa de Amigos Endowment Foundation is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Casa de Amigos Endowment Foundation reported income of $137k and spending of $106k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $137k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa de Amigos Endowment Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Mindful Muslimah Inc ($137k), Traill County Senior Citizens Grantee Board Incorporated ($137k) and Bridges Associates Inc ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.