Casa de Esperanza

Analysis

Casa de Esperanza is a registered charity in United States, based in Bound Brook, NJ. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Esperanza reported income of $647k and spending of $617k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $780k to $647k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Casa de Esperanza sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Bridges to Hope ($647k), Latino Coalition Against Domestic & Sexual Violence ($649k) and Tba Fund Inc ($647k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $88k (14% of expenses). Other salaries and wages came to $334k. At year end it held assets of $535k against liabilities of $325k, net assets of $210k. It reported 20 employees.