Casa Gracia

Analysis

Casa Gracia is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Casa Gracia reported income of $9.9m and spending of $10.1m, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $9.3m to $9.9m (+6.2%), an average of +1.5% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Casa Gracia sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Friends of the Constellation Brands Marvin Sands Performing Arts Ctr ($9.9m), Mountainland Head Start ($9.9m) and Aspire Charter Academy Inc ($9.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $150k (1.5% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $5.0m against liabilities of $1.1m, net assets of $3.9m. It reported 128 employees.