Casa de Amigos VI Inc

Analysis

Casa de Amigos VI Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in June 1989, 37 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Casa de Amigos VI Inc reported income of $294k and spending of $228k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $278k to $294k (+5.7%), an average of +1.4% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Casa de Amigos VI Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Monroe-Union County Community Development Corporation ($294k), Nautical Affordable Housing Inc ($294k) and Southview Housing Inc ($294k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $37k. At year end it held assets of $556k against liabilities of $605k, net assets of -$50k. It reported 2 employees.