Casa Flamenca Inc

Analysis

Casa Flamenca Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Casa Flamenca Inc reported income of $156k and spending of $157k, spending 101% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $81k to $156k (+92%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Casa Flamenca Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 44th percentile within NM. Charities of a similar size with the same main cause include Chinese Cultural Association of Greater Philadelphia ($156k), US Army Womens Foundation ($156k) and Dance Masters of America Chapter 33 Inc ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $3,277 against liabilities of $0, net assets of $3,277.