Southwest Educational Partners for Training

Analysis

Southwest Educational Partners for Training is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover employment, 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 2023, Southwest Educational Partners for Training reported income of $293k and spending of $310k, spending 106% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $403k to $293k (-27%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 406%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Southwest Educational Partners for Training sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within NM. Charities of a similar size with the same main cause include MLK Avenue Redevelopment Corporation ($292k), Wenatchee Downtown Association ($293k) and Pride of Kinston Inc ($292k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $66k. At year end it held assets of $124k against liabilities of $2,406, net assets of $122k.