Casa Familia Inc

Analysis

Casa Familia Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Familia Inc reported income of $1.1m and spending of $659k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 49% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Familia Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Artists Hub on Market ($1.1m), Hudson County Housing Resource Center Inc ($1.1m) and Shenandoah Fellowship Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $160k (24% of expenses). Other salaries and wages came to $48k. At year end it held assets of $5.5m against liabilities of $3.2m, net assets of $2.3m. It reported 3 employees.