Casaluz

Analysis

Casaluz is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 2016, 10 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, Casaluz reported income of $486k and spending of $542k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $486k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casaluz 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 70th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Simply the Best Academy Inc ($486k), Team Services Inc ($486k) and Organic Oneness ($486k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $88k (16% of expenses). Other salaries and wages came to $215k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 12 employees.