Casa Milagro

Analysis

Casa Milagro is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2023, Casa Milagro reported income of $608k and spending of $598k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $326k to $608k (+86%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa Milagro sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NM. Charities of a similar size with the same main cause include Community Collaborative ($608k), Beautiful Redemption ($608k) and Behavior Analysis and Therapy ($608k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $82k (14% of expenses). Other salaries and wages came to $298k. At year end it held assets of $855k against liabilities of $705k, net assets of $149k. It reported 16 employees.