Casa Otonal Inc

Analysis

Casa Otonal Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in September 1976, 50 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, Casa Otonal Inc reported income of $743k and spending of $405k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $743k (+398%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 291%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casa Otonal Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Historic Ithaca Inc ($743k), Atlanta Care Center Inc ($743k) and Big Brothers Big Sisters of Southern Maine ($743k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $120k (30% of expenses). Other salaries and wages came to $74k. At year end it held assets of $996k against liabilities of $140k, net assets of $857k. It reported 7 employees.