Casa de Esperanza

Analysis

Casa de Esperanza is a registered charity in United States, based in Marysville, CA. It received its IRS tax-exemption ruling in June 1977, 49 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 de Esperanza reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.2m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa de Esperanza sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Life Lifted Charities ($1.2m), Bay Area Child Care Center ($1.2m) and Dr Piper Center for Social Services Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $80k (6.1% of expenses). Other salaries and wages came to $810k. At year end it held assets of $973k against liabilities of $101k, net assets of $872k. It reported 29 employees.