Casa Vida Corp

Analysis

Casa Vida Corp is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in December 2019, 7 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 2022, Casa Vida Corp reported income of $187k and spending of $291k, spending 156% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $100k to $187k (+86%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 199% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Vida Corp sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 36th percentile within PR. Charities of a similar size with the same main cause include Homes for McConnellsburg Inc ($186k), Housing Opportunities of Northern Delaware Inc ($187k) and Glenn-Verde Housing Inc ($186k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 99% of the total. At year end it held assets of $121k against liabilities of $408k, net assets of -$287k.