Casa de Amigos IX Inc

Analysis

Casa de Amigos IX Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in September 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 IX Inc reported income of $269k and spending of $304k, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $251k to $269k (+7.2%), an average of +1.7% a year. Over the whole period it spent 122% 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 IX Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Marion Project III Inc ($269k), Plazas de Merced ($269k) and Portage Pines Nonprofit Corporation ($269k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 46% and program service revenue 51% of the total. Other salaries and wages came to $59k. At year end it held assets of $1.5m against liabilities of $23k, net assets of $1.5m. It reported 4 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.