Paso Del Norte Center of Hope

Analysis

Paso Del Norte Center of Hope is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in November 2015, 11 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 September 2023, Paso Del Norte Center of Hope reported income of $549k and spending of $586k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income grew from $346k to $549k (+58%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paso Del Norte Center of Hope sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include North Carolina Senior Games Inc ($549k), Ivy Hill Foundation Inc ($549k) and Special Reach Inc ($549k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $73k (12% of expenses). Other salaries and wages came to $276k. At year end it held assets of $200k against liabilities of $47k, net assets of $153k. It reported 9 employees.