Casa Foundation

Analysis

Casa Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in March 1993, 33 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, Casa Foundation reported income of $181k and spending of $315k, spending 174% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $305k to $181k (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income rose by 469%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casa Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within NV. Charities of a similar size with the same main cause include Colorado Riverfront Foundation Inc ($181k), National Agricultural Alumni & Development Association Inc ($181k) and Friends of Texas Wildlife ($181k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 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.