Casa Inc

Casa Inc shows consistent revenue growth and strong program spending efficiency with no reported officer compensation.

EIN: 10369904 · Westbrook, ME · NTEE: P730 · Updated: 2026-03-28

$15.9MRevenue
$15.9MGross Revenue
$13.0MAssets
92/100Mission Score (Excellent)
P730
Casa Inc Financial Summary
MetricValue
Total Revenue$15.9M
Total Expenses$15.1M
Program Spending88%
CEO/Top Officer Pay$15M
Net Assets$6.7M
Transparency Score92/100

Is Casa Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Casa Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Casa Inc

Casa Inc (EIN: 10369904) is a nonprofit organization based in Westbrook, ME, classified under NTEE code P730. The organization reported total revenue of $15.9M and total assets of $13.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

43Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Casa Inc is a large nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$15.3M
Total Expenses$15.1M
Surplus / Deficit+$229K
Total Assets$12.6M
Total Liabilities$5.9M
Net Assets$6.7M
Operating Margin1.5%
Debt-to-Asset Ratio46.9%
Months of Reserves10.0 months

Financial Health Grade: A

In 2023, Casa Inc reported a surplus of $229K with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 46.9% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Casa Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+7.1%+8.8%+1.5%
2022-2.2%+14.3%+2.1%
2021+20.1%+6.1%+7.6%
2020+6.0%+3.4%+24.0%
2019+6.5%+6.7%+6.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1983

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Casa Inc demonstrates consistent financial growth and strong program spending efficiency. Over the past decade, revenue has steadily increased from $8.5 million in 2014 to over $15.3 million in 2023, indicating a healthy expansion of operations. The organization consistently spends a very high proportion of its expenses on programs, with an average program spending ratio well above 80% based on available data, which is a strong indicator of efficiency. For instance, in 2023, with expenses of $15,101,993 and revenue of $15,330,516, the organization maintained a lean operational structure. Financial health appears stable, with assets growing from $7.8 million in 2014 to $12.6 million in 2023. While liabilities have also increased, the asset growth outpaces liability growth, suggesting prudent financial management. The organization's consistent positive net income in most recent years (e.g., $228,523 in 2023 and $430,762 in 2022) further supports its financial stability. The absence of reported officer compensation is a notable aspect of its transparency and resource allocation. Overall, Casa Inc exhibits strong financial health, excellent spending efficiency with a clear focus on its programmatic mission, and a high degree of transparency regarding executive compensation. Its consistent growth and efficient use of funds make it a financially sound and impactful nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Casa Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Casa Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$15.3MTotal Revenue
$15.1MTotal Expenses
$12.6MTotal Assets
$5.9MTotal Liabilities
$6.7MNet Assets

Executive Compensation Analysis

Casa Inc reports 0% officer compensation across all available filings, indicating that its leadership either volunteers their time or is compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size ($15M+ revenue).

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Casa Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Casa Inc:

Frequently Asked Questions about Casa Inc

Is Casa Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Casa Inc (EIN: 10369904) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

How does Casa Inc spend its money?

Casa Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Casa Inc tax-deductible?

Casa Inc is registered as a tax-exempt nonprofit (EIN: 10369904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Casa Inc CEO make?

Casa Inc's highest-compensated officer earns $15M annually. The organization reported $15.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Casa Inc's spending goes to programs?

Casa Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Casa Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Casa Inc is above average for NTEE category P730 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Casa Inc located?

Casa Inc is headquartered in Westbrook, Maine and files with the IRS under EIN 10369904. It is classified under NTEE code P730.

How many years of IRS 990 filings does Casa Inc have?

Casa Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $15.9M in total revenue.

Is Casa Inc a good charity?

Based on its financial data, Casa Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and an exceptionally high percentage of expenses dedicated to programs (estimated 88%), indicating efficient use of donor funds. The absence of reported officer compensation is also a positive sign of resource dedication.

How has Casa Inc's revenue grown over time?

Casa Inc has shown consistent and significant revenue growth, increasing from $8,534,685 in 2014 to $15,330,516 in 2023, representing an 80% increase over the decade.

What is Casa Inc's financial stability like?

Casa Inc appears financially stable. Its assets have grown from $7,848,763 in 2014 to $12,635,513 in 2023, and it has consistently maintained positive net income in recent years, such as $228,523 in 2023 and $430,762 in 2022.

Filing History

IRS 990 filing history for Casa Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Casa Inc's revenue has grown by 85.5%, moving from $8.3M to $15.3M. Total assets increased by 235.8% over the same period, from $3.8M to $12.6M. Total functional expenses rose by 81.5%, from $8.3M to $15.1M. In its most recent filing year (2023), Casa Inc reported a surplus of $229K, with revenue exceeding expenses. The organization holds $5.9M in liabilities against $12.6M in assets (debt-to-asset ratio: 46.9%), resulting in net assets of $6.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $15.3M $15.1M $12.6M $5.9M View 990
2022 $14.3M $13.9M $12.4M $6.0M
2021 $14.6M $12.1M $12.2M $6.1M View 990
2020 $12.2M $11.4M $11.3M $7.8M View 990
2019 $11.5M $11.1M $9.1M $6.3M View 990
2018 $10.8M $10.4M $8.6M $6.2M View 990
2017 $10.1M $9.9M $8.1M $6.2M View 990
2016 $9.6M $9.5M $7.9M $6.2M View 990
2015 $8.9M $9.3M $8.0M $6.4M View 990
2014 $8.5M $8.9M $7.8M $6.0M View 990
2013 $8.3M $8.7M $4.3M $2.0M View 990
2012 $8.3M $8.4M $3.5M $929K View 990
2011 $8.3M $8.3M $3.8M $1.1M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Casa Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Casa Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Other Nonprofits in Maine

Explore more nonprofits based in Maine with AI-powered transparency reports.

View all Maine nonprofits →

Similar Organizations (NTEE P730)

Other nonprofits classified under NTEE code P730.

View all P730 nonprofits →

Explore Related Nonprofits

Browse by State