Casa by the Lakes Inc

Analysis

Casa by the Lakes Inc is a registered charity in United States, based in Murray, KY. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Casa by the Lakes Inc reported income of $242k and spending of $255k, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $215k to $242k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa by the Lakes Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within KY. Charities of a similar size with the same main cause include Welcome Home Housing Inc ($242k), Barry County Council on Aging ($242k) and Treasure Valley Path Inc ($242k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $175k. At year end it held assets of $234k against liabilities of $4,352, net assets of $229k. It reported 5 employees.