Casa de Amigos of Midland Texas Incorporated

Analysis

Casa de Amigos of Midland Texas Incorporated is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Casa de Amigos of Midland Texas Incorporated reported income of $1.9m and spending of $2.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.9m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa de Amigos of Midland Texas Incorporated sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include My Sisters House Inc ($1.9m), Empower Mississippi Foundation ($1.9m) and Peer Center Peers Enriching Each Others Recovery ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $117k (5.8% of expenses). Other salaries and wages came to $846k. At year end it held assets of $2.5m against liabilities of $73k, net assets of $2.4m. It reported 36 employees.