Not Forgotten Outreach Inc

Analysis

Not Forgotten Outreach Inc is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in January 2022, 4 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 June 2024, Not Forgotten Outreach Inc reported income of $376k and spending of $398k, spending 106% of what it took in. Across the 6 years on record, from December 2018 to June 2024, income grew from $210k to $376k (+79%), an average of +12% a year. The sharpest change came in the year to December 2019, when income rose by 127%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Not Forgotten Outreach Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include Panola Heights Development Corporation ($376k), Complementary Care and Education Services Inc ($376k) and Asian Immigrant Women Advocates Inc ($376k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). Other salaries and wages came to $143k. At year end it held assets of $1.8m against liabilities of $143k, net assets of $1.7m. It reported 17 employees.