Casa de Amigos VII Inc

Analysis

Casa de Amigos VII Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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 September 2023, Casa de Amigos VII Inc reported income of $376k and spending of $383k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $341k to $376k (+10%), an average of +2.5% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casa de Amigos VII Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include National Church Residences ($376k), Habitat for Humanity International Inc ($376k) and PTA Colorado Congress ($376k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Other salaries and wages came to $119k. At year end it held assets of $1.1m against liabilities of $51k, net assets of $1.1m. It reported 7 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.