Casa Italia Inc

Analysis

Casa Italia Inc is a registered charity in United States, based in Stone Park, IL. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Italia Inc reported income of $350k and spending of $367k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $413k to $350k (-15%), an average of -5.4% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Casa Italia Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Queens Symphony Orchestra Inc ($350k), Vijay Amritraj Foundation ($350k) and Florida Fruit & Vegetable Research & Education Foundation Inc ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 80% of the total. Other salaries and wages came to $85k. At year end it held assets of $730k against liabilities of $156k, net assets of $573k. It reported 2 employees.