Casa Carino

Analysis

Casa Carino is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Casa Carino reported income of $343k and spending of $467k, spending 136% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $341k to $343k (+0.7%), an average of +0.2% a year. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casa Carino sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity of Southwest Montana Inc ($343k), Dynamics Hostels Residence Corporation ($343k) and Associated Churches of Lindsborg Inc ($343k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $65k. At year end it held assets of $1.6m against liabilities of $891k, net assets of $689k.

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.