Extremely Precious Moments Inc

Analysis

Extremely Precious Moments Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2013, 13 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 2022, Extremely Precious Moments Inc reported income of $705k and spending of $651k, spending 92% of its income. Across the 6 years on record, from December 2017 to December 2022, income grew from $177k to $705k (+298%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 181%. 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, Extremely Precious Moments Inc sits at the 70th percentile: it is larger than about 70% 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 Love the Nations Inc ($705k), Paltown Development Foundation Inc ($705k) and Season of Justice Corporation ($705k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $59k. At year end it held assets of $134k against liabilities of $89k, net assets of $45k.