Guiding Star

Analysis

Guiding Star is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in May 2018, 8 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, Guiding Star reported income of $63k and spending of $61k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $21k to $63k (+203%), an average of +203% a year. The sharpest change came in the year to December 2023, when income rose by 203%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Guiding Star sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within NM. Charities of a similar size with the same main cause include Sugarloaf Citizens Association Inc ($63k), Community Rural Food Delivery ($63k) and Sending Light Ministries ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2,664 against liabilities of $17k, net assets of -$14k.