Casa Natomas

Analysis

Casa Natomas is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in June 2001, 25 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 Natomas reported income of $648k and spending of $780k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $648k (+27%), an average of +6.1% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa Natomas sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Christwood Foundation ($648k), Marin Housing Development Corporation ($648k) and Rose View Terrace Inc ($648k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Other salaries and wages came to $171k. At year end it held assets of $3.5m against liabilities of $486k, net assets of $3.0m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.