Casa of East Tennessee Inc

Analysis

Casa of East Tennessee Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in May 1987, 39 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 June 2024, Casa of East Tennessee Inc reported income of $283k and spending of $233k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $270k to $283k (+4.9%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casa of East Tennessee Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Suncoast Foundation for Handicapped Children Inc ($283k), Friends of the Childrens Justice Center of East Hawaii Inc ($283k) and San Ramon Valley Education Foundation ($283k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $58k (25% of expenses). Other salaries and wages came to $113k. At year end it held assets of $342k against liabilities of $16k, net assets of $327k. It reported 6 employees.