Casa de Amistad Centro de Ensenanza

Analysis

Casa de Amistad Centro de Ensenanza is a registered charity in United States, based in Solana Beach, CA. It received its IRS tax-exemption ruling in May 2002, 24 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 de Amistad Centro de Ensenanza reported income of $600k and spending of $693k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $984k to $600k (-39%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa de Amistad Centro de Ensenanza 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 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Cloud Covered Streets ($599k), State of Black Arizona ($600k) and Friends of the Children Fargo- Moorhead ($599k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $100k (14% of expenses). Other salaries and wages came to $249k. At year end it held assets of $2.7m against liabilities of $134k, net assets of $2.6m. It reported 25 employees.