Community Players Hobbs N Mex

Analysis

Community Players Hobbs N Mex is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in April 1962, 64 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Community Players Hobbs N Mex reported income of $89k and spending of $100k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $280k to $89k (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Players Hobbs N Mex sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within NM. Charities of a similar size with the same main cause include Burton K Wheeler Center Inc ($89k), Woman Empowerment Telugu Association ($89k) and Edina Chorale ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 62% of the total. At year end it held assets of $387k against liabilities of $0, net assets of $387k.