Mi Casa Esperanza Inc

Analysis

Mi Casa Esperanza Inc is a registered charity in United States, based in LA Verne, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Mi Casa Esperanza Inc reported income of $60k and spending of $73k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $60k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mi Casa Esperanza Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($60k), Friends of the Heritage Park Regional Library ($60k) and Mills County Storehouse ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,124 against liabilities of $0, net assets of $6,124.