Casi Inc

Analysis

Casi Inc is a registered charity in United States, based in Diboll, TX. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Casi Inc reported income of $176k and spending of $165k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $176k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Casi Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include John and Rose Herman Support Foundation ($175k), India Cultural Center of Utah ($176k) and Greater Bend Rotary Club Foundation ($175k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 32% of the total. At year end it held assets of $665k against liabilities of $13k, net assets of $651k.