Casa Ramona Inc
Analysis
Casa Ramona Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in December 1972, 54 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 2023, Casa Ramona Inc reported income of $412k and spending of $423k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $390k to $412k (+5.5%), an average of +1.4% a year. Over the whole period it spent 125% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa Ramona Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Backbone Campaign ($412k), Trinity in His House Foundation 1 Inc ($412k) and Womens Step House-Orange County ($412k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $41k (9.7% of expenses). Other salaries and wages came to $164k. At year end it held assets of $971k against liabilities of $208k, net assets of $763k. It reported 12 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 6.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Backbone Campaign | Vashon | $412k |
| Trinity in His House Foundation 1 Inc | Compton | $412k |
| Womens Step House-Orange County | Laguna Hills | $412k |
| Family Promise of Greater Beloit Inc | Beloit | $412k |