Red Mountain Family Services Inc

Analysis

Red Mountain Family Services Inc is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in December 2004, 22 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 December 2023, Red Mountain Family Services Inc reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.7m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 16%. 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, Red Mountain Family Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within NM. Charities of a similar size with the same main cause include First Love International Ministries ($3.7m), Young Mens Christian Asso Jackson ($3.7m) and Meadville YMCA ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $474k (13% of expenses). Other salaries and wages came to $839k. At year end it held assets of $1.3m against liabilities of $128k, net assets of $1.1m. It reported 31 employees.