LA Casa de Amistad Inc

Analysis

LA Casa de Amistad Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in January 1982, 44 years ago. 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, LA Casa de Amistad Inc reported income of $953k and spending of $1.2m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $953k (-44%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Casa de Amistad Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Red Clay Dance Company Inc ($953k), Boy Scouts of America ($953k) and Grace House of Memphis Tennessee ($953k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $116k (9.4% of expenses). Other salaries and wages came to $579k. At year end it held assets of $4.5m against liabilities of $1.6m, net assets of $3.0m. It reported 28 employees.