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Mi Casa Resource Center

RegisteredEIN 84-0867773Denver, COPoverty relief
Income$5.3m2023-12
Spending$3.9msame year
Spent / received93%5-year average
Size in its cause91st pctPoverty relief
Exempt since1981Publicly supported organisat
Employees56latest return

Analysis

Mi Casa Resource Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1981, 45 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, Mi Casa Resource Center reported income of $5.3m and spending of $3.9m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $5.3m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mi Casa Resource Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Farhang Foundation ($5.3m), Rockland County YMCA ($5.3m) and Crossroads Services Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $266k (6.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $9.1m against liabilities of $310k, net assets of $8.8m. It reported 56 employees.

Income and spending

$0$1.3m$2.6m$4.0m$5.3m2019 Income: $3,248,4262019 Spending: $3,394,49820192020 Income: $3,254,3162020 Spending: $3,842,84520202021 Income: $4,479,8632021 Spending: $3,733,38620212022 Income: $3,205,1102022 Spending: $3,195,56420222023 Income: $5,291,7922023 Spending: $3,919,5332023
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Program services 1.3%
  • Other 4.5%

Similar-sized charities, same cause

CharityLocationIncome
Farhang FoundationGlendale$5.3m
Rockland County YMCANyack$5.3m
Crossroads Services IncAltoona$5.3m
A Kids Place of Tampa BayBrandon$5.3m