Xma Inc

Analysis

Xma Inc is a registered charity in United States, based in Rayville, LA. It received its IRS tax-exemption ruling in December 1997, 29 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 December 2023, Xma Inc reported income of $964k and spending of $1.1m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $964k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2022, when income rose by 36%. 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, Xma Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Disability Network Northern Michigan ($964k), Friendship Mission Inc ($964k) and Motor City Mitten Mission ($964k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $387k. At year end it held assets of $513k against liabilities of $18k, net assets of $496k. It reported 11 employees.