Espanola Pathways Shelter

Analysis

Espanola Pathways Shelter is a registered charity in United States, based in Espanola, NM. It received its IRS tax-exemption ruling in November 2021, 5 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 June 2023, Espanola Pathways Shelter reported income of $847k and spending of $654k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $779k to $847k (+8.7%), an average of +8.7% a year. Over the whole period it spent 49% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Espanola Pathways Shelter sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NM. Charities of a similar size with the same main cause include Homes for Children Corporation ($847k), Safb Real Estate Inc ($847k) and Creative Kids Learning Academy III Inc ($847k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $40k (6.1% of expenses). Other salaries and wages came to $201k. At year end it held assets of $2.7m against liabilities of $1.9m, net assets of $834k. It reported 13 employees.