Great American Duck Race of Deming Inc

Analysis

Great American Duck Race of Deming Inc is a registered charity in United States, based in Deming, NM. It received its IRS tax-exemption ruling in October 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 (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, Great American Duck Race of Deming Inc reported income of $114k and spending of $121k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $117k to $114k (-1.9%), an average of -1.9% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Great American Duck Race of Deming Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within NM. Charities of a similar size with the same main cause include Saint Peter Claver Foundation ($114k), Homes of Hope Charitable Foundation Inc ($114k) and Kiawanda Community Center ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.