Southern New Mexico Outreach Inc

Analysis

Southern New Mexico Outreach Inc is a registered charity in United States, based in Alamogordo, NM. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern New Mexico Outreach Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern New Mexico Outreach Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NM. Charities of a similar size with the same main cause include Living Pono Project ($1.8m), New Directions for People with Disabilities Inc ($1.8m) and The Good Tidings Foundation ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $72k (4.1% of expenses). Other salaries and wages came to $899k. At year end it held assets of $3.6m against liabilities of $1.0m, net assets of $2.6m. It reported 83 employees.