LA Casa Norte

Analysis

LA Casa Norte is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1997, 29 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, LA Casa Norte reported income of $7.9m and spending of $7.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.7m to $7.9m (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 69%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, LA Casa Norte sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Preventive Cardiovascular Nurses Association Inc ($7.9m), Ebed Community Improvement Inc ($7.9m) and Brownsville Housing Opportunity Corporation ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $340k (4.3% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $29.9m against liabilities of $20.2m, net assets of $9.7m. It reported 96 employees.