Casas Del Rio

Analysis

Casas Del Rio is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in June 1983, 43 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 August 2023, Casas Del Rio reported income of $788k and spending of $424k, leaving 46% of income unspent that year. Across the 6 years on record, from August 2018 to August 2023, income grew from $529k to $788k (+49%), an average of +8.3% a year. The sharpest change came in the year to August 2023, when income rose by 49%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Casas Del Rio sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Cameron Council on the Aging Inc ($788k), Nita Stewart Haley Memorial Library ($788k) and Big Brothers-Big Sisters of San Luis Obispo County ($787k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $49k. At year end it held assets of $1.8m against liabilities of $810k, net assets of $1.0m.