Philmont Staff Association Inc

Analysis

Philmont Staff Association Inc is a registered charity in United States, based in Cimarron, NM. It received its IRS tax-exemption ruling in April 1974, 52 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 December 2023, Philmont Staff Association Inc reported income of $543k and spending of $411k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $650k to $543k (-16%), an average of -4.4% a year. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Philmont Staff Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NM. Charities of a similar size with the same main cause include Warwick Foundation Inc ($543k), Saratoga Springs Preservation Foundation Inc ($543k) and FC Chesco ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). Other salaries and wages came to $79k. At year end it held assets of $2.8m against liabilities of $19k, net assets of $2.7m. It reported 4 employees.