Casa de Esperanza de Los Ninos Incorporated

Analysis

Casa de Esperanza de Los Ninos Incorporated is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1984, 42 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 December 2023, Casa de Esperanza de Los Ninos Incorporated reported income of $3.6m and spending of $4.5m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $3.6m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casa de Esperanza de Los Ninos Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Kenosha Area Family and Aging Services Inc ($3.6m), George Snow Scholarship Fund Inc ($3.6m) and Bay County Council on Aging Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $4.7m against liabilities of $644k, net assets of $4.0m. It reported 53 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.