Endorphin Power Company

Analysis

Endorphin Power Company is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Endorphin Power Company reported income of $437k and spending of $301k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $486k to $437k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Endorphin Power Company sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within NM. Charities of a similar size with the same main cause include Recovery Cafe DC ($436k), Kirkland Union Manor Association ($437k) and Twin Cities Heart Foundation ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $62k (21% of expenses). Other salaries and wages came to $37k. At year end it held assets of $971k against liabilities of $86k, net assets of $885k. It reported 3 employees.