Casa of Floyd County Inc

Analysis

Casa of Floyd County Inc is a registered charity in United States, based in New Albany, IN. It received its IRS tax-exemption ruling in October 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 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 of Floyd County Inc reported income of $1.1m and spending of $570k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $376k to $1.1m (+193%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Casa of Floyd County Inc 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 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Catawba County United Way Inc ($1.1m), Jackson Lewis Foundation ($1.1m) and Livingston County United Way ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $61k (11% of expenses). Other salaries and wages came to $377k. At year end it held assets of $703k against liabilities of $7,761, net assets of $695k. It reported 12 employees.