Casa de Amigos VIII Inc

Analysis

Casa de Amigos VIII Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in August 1995, 31 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 September 2023, Casa de Amigos VIII Inc reported income of $325k and spending of $419k, spending 129% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $308k to $325k (+5.6%), an average of +1.4% a year. Over the whole period it spent 117% 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 VIII Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Pottawattamie County Housing Trust Fund Inc ($325k), Just Communities Arizona ($325k) and Willimantic Housing Corporation ($325k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Other salaries and wages came to $76k. At year end it held assets of $1.4m against liabilities of $49k, net assets of $1.4m. It reported 3 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.