Tu Casa Latina

Analysis

Tu Casa Latina is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tu Casa Latina reported income of $211k and spending of $194k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $79k to $211k (+168%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tu Casa Latina sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within NV. Charities of a similar size with the same main cause include Paradise for Living Services ($211k), Heart for the City ($211k) and Springfield Soup Kitchen ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $78k (40% of expenses). Other salaries and wages came to $76k. At year end it held assets of $29k against liabilities of $18k, net assets of $11k. It reported 10 employees.