Casa de Vida

Analysis

Casa de Vida is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in September 1982, 44 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 Vida reported income of $80k and spending of $188k, spending 236% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $346k to $80k (-77%), an average of -31% a year. The sharpest change came in the year to June 2023, when income dropped by 80%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Casa de Vida sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within NV. Charities of a similar size with the same main cause include Vivian Helene Foundation Inc ($80k), Dayspring Discipleship Institute ($80k) and Leg Up Fund ($80k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $53k (28% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1.5m against liabilities of $1,301, net assets of $1.5m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.