San Miguel Resource Center

Analysis

San Miguel Resource Center is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in November 1993, 33 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, San Miguel Resource Center reported income of $1.1m and spending of $947k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, San Miguel Resource Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Windspirit Inc ($1.1m), Brightmoor Alliance Inc ($1.1m) and Ringgold County Child Care Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $130k (14% of expenses). Other salaries and wages came to $364k. At year end it held assets of $2.1m against liabilities of $52k, net assets of $2.1m. It reported 11 employees.