Casa de Esperanza Ministries Inc
Analysis
Casa de Esperanza Ministries Inc is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Casa de Esperanza Ministries Inc reported income of $222k and spending of $225k, spending 101% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $201k to $222k (+11%), an average of +11% a year. Over the whole period it spent 96% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Casa de Esperanza Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Global Benefit ($222k), Sevalaya USA Inc ($222k) and Open Door Project ($222k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Global Benefit | Laconia | $222k |
| Sevalaya USA Inc | Cupertino | $222k |
| Open Door Project | Argyle | $222k |
| Amal Alliance Inc | New York | $223k |