Possibilities of the Concho Valley

Analysis

Possibilities of the Concho Valley is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in February 2020, 6 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, Possibilities of the Concho Valley reported income of $72k and spending of $80k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $72k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Possibilities of the Concho Valley sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Community for Children ($72k), Action Coalition of Englewood ($72k) and Athens Village Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 1.4% of the total. At year end it held assets of $167k against liabilities of $3,105, net assets of $164k.