Casa Romero Renewal Center Inc

Analysis

Casa Romero Renewal Center Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Casa Romero Renewal Center Inc reported income of $425k and spending of $510k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $471k to $425k (-9.8%), an average of -2.5% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casa Romero Renewal Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include Paralyzed Veterans of America- Buckeye Chapter Inc ($424k), American Water Works Association ($425k) and Provincetown Community Compact Inc ($424k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $29k (5.7% of expenses). Other salaries and wages came to $252k. At year end it held assets of $256k against liabilities of $17k, net assets of $239k. It reported 21 employees.