Border TM Industries Inc

Analysis

Border TM Industries Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in November 1995, 31 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 December 2023, Border TM Industries Inc reported income of $2.4m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.4m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Border TM Industries Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include SC Vocations & Individual Advancement ($2.4m), Cincinnati Goodwill Work Services Inc ($2.4m) and Kiwanis Club of Ann Arbor ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $69k (2.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.5m against liabilities of $809k, net assets of $1.7m. It reported 108 employees.