Modesto a Gomez Inc

Analysis

Modesto a Gomez Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 January 2024, Modesto a Gomez Inc reported income of $695k and spending of $576k, spending 83% of its income. Across the 2 years on record, from December 2019 to January 2024, income fell from $725k to $695k (-4.2%), an average of -4.2% a year. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Modesto a Gomez Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Value Added Inc ($695k), Nonprofit Montgomery Inc ($695k) and Springfield Electrical Jatc TR ($695k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 95% of the total. At year end it held assets of $2.2m against liabilities of $33k, net assets of $2.2m.