Mi Casa Resource Center
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
Where the income comes from
- Contributions & grants 94%
- Program services 1.3%
- Other 4.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Farhang Foundation | Glendale | $5.3m |
| Rockland County YMCA | Nyack | $5.3m |
| Crossroads Services Inc | Altoona | $5.3m |
| A Kids Place of Tampa Bay | Brandon | $5.3m |