Casa Esperanza Project

Analysis

Casa Esperanza Project is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Esperanza Project reported income of $125k and spending of $130k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $341k to $125k (-63%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Esperanza Project sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include St Paul the Apostle Conference Society of St Vincenet de Paul ($125k), Tuckers House ($125k) and Aidylberg I Inc ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $72k (56% of expenses). Other salaries and wages came to $21k. At year end it held assets of $221k against liabilities of $0, net assets of $221k. It reported 4 employees.