Casalena Foundation

Analysis

Casalena Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Casalena Foundation reported income of $317k and spending of $358k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $75.9m to $317k (-100%), an average of -75% a year. The sharpest change came in the year to December 2022, when income dropped by 293%. Over the whole period it spent 1.1% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Casalena Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Mid-Carolina Electric Trust ($316k), New Jersey Abortion Access Fund Inc ($317k) and Coalinga Community Foundation ($316k).

At year end it held assets of $160.4m against liabilities of $23k, net assets of $160.3m.