LA Casa de Esperanza

Analysis

LA Casa de Esperanza is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in August 1967, 59 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 Esperanza reported income of $21.4m and spending of $20.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.4m to $21.4m (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 94% 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 Esperanza sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Legal Aid Society of Cleveland ($21.4m), Columbia Wellness ($21.4m) and Catholic Eldercare ($21.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $569k (2.7% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $25.6m against liabilities of $9.4m, net assets of $16.2m. It reported 170 employees.