United Way of Eastern New Mexico Inc

Analysis

United Way of Eastern New Mexico Inc is a registered charity in United States, based in Clovis, NM. It received its IRS tax-exemption ruling in September 1971, 55 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, United Way of Eastern New Mexico Inc reported income of $587k and spending of $884k, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $617k to $587k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of Eastern New Mexico Inc 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 73rd percentile, and in the 71st percentile within NM. Charities of a similar size with the same main cause include Walnut Cove Members Association Inc ($587k), Cancer Services Network Inc ($587k) and California Foundation for Commerce and Education ($586k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $192k. At year end it held assets of $768k against liabilities of $248k, net assets of $520k. It reported 10 employees.