Whi Hobbs

Analysis

Whi Hobbs is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in August 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, Whi Hobbs reported income of $305k and spending of $318k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $305k (+25%), an average of +12% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Whi Hobbs sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within NM. Charities of a similar size with the same main cause include Tehillat Naava Shlach Lachmecha Inc ($305k), Traded Treasures Thrift Store and Community Food Pantry Inc ($305k) and Positive Discipline Community Resources ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $37k (12% of expenses). At year end it held assets of $288k against liabilities of $2,019, net assets of $286k. It reported 2 employees.