LA Casa Inc

Analysis

LA Casa Inc is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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 June 2023, LA Casa Inc reported income of $3.9m and spending of $3.9m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $3.9m (+71%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Casa Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NM. Charities of a similar size with the same main cause include Association for Institutional Research ($3.9m), Murrysville Medic No 1 ($3.9m) and The West Cook Ymcas Inc ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $140k (3.6% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.3m against liabilities of $453k, net assets of $2.9m. It reported 80 employees.