NLH 3

Analysis

NLH 3 is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in October 2003, 23 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 June 2023, NLH 3 reported income of $126k and spending of $151k, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $116k to $126k (+8.5%), an average of +2.8% a year. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, NLH 3 sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within NM. Charities of a similar size with the same main cause include Iredell Community Outreach Association ($126k), Save & Share Thrift Shop ($126k) and Marshfield Area Respite Care Center Inc ($126k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $20k. At year end it held assets of $823k against liabilities of $1.2m, net assets of -$414k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.