Casa Valentina Inc

Analysis

Casa Valentina Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 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 June 2023, Casa Valentina Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $793k to $1.3m (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Valentina Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Ocean City 2406 Inc ($1.3m), Alabama Baptist Retirement Centers Inc ($1.3m) and Brookside Community Development Corporation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $112k (8.8% of expenses). Other salaries and wages came to $547k. At year end it held assets of $3.4m against liabilities of $1.2m, net assets of $2.2m. It reported 14 employees.