Deming Luna County Mainstreet Program Incorporated

Analysis

Deming Luna County Mainstreet Program Incorporated is a registered charity in United States, based in Deming, NM. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, Deming Luna County Mainstreet Program Incorporated reported income of $189k and spending of $154k, spending 82% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $179k to $189k (+5.3%), an average of +2.6% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Deming Luna County Mainstreet Program Incorporated sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NM. Charities of a similar size with the same main cause include Page Cafe Association ($189k), Jackson Township Community Development Corporation ($189k) and Institute of Ubuntu ($189k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $53k. At year end it held assets of $204k against liabilities of $1,490, net assets of $203k. It reported 3 employees.