Casa Sito Association

Analysis

Casa Sito Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Sito Association reported income of $244k and spending of $204k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $133k to $244k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Casa Sito Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Tekton Career Training ($244k), Missouri State Fair Foundation ($245k) and Community Ventures ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.3% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.