Casa Foundation

Analysis

Casa Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Casa Foundation reported income of $919k and spending of $430k, leaving 53% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.9m to $919k (-52%), an average of -17% a year. The sharpest change came in the year to July 2022, when income rose by 65%. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Casa Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Webster County Community Hospital Foundation Inc ($918k), Flickr Charitable Foundation ($919k) and Life Connections of the Carolinas Inc ($917k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $12.5m against liabilities of $63k, net assets of $12.4m.