Nonprofit Management Center of the Permian Basin

Analysis

Nonprofit Management Center of the Permian Basin is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nonprofit Management Center of the Permian Basin reported income of $2.9m and spending of $803k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $551k to $2.9m (+421%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nonprofit Management Center of the Permian Basin sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Illinois Masonic Home ($2.9m), YWCA of Clinton Iowa ($2.9m) and Community House on Broadway ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $150k (19% of expenses). Other salaries and wages came to $264k. At year end it held assets of $4.3m against liabilities of $239k, net assets of $4.1m. It reported 8 employees.