Southwest New Mexico Council of Government

Analysis

Southwest New Mexico Council of Government is a registered charity in United States, based in Silver City, NM. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Southwest New Mexico Council of Government reported income of $1.0m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $489k to $1.0m (+113%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest New Mexico Council of Government sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NM. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Cleburne Christian Academy Inc ($1.0m) and Park City Soccer Club Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $97k (9.1% of expenses). Other salaries and wages came to $158k. At year end it held assets of $2.2m against liabilities of $2.4m, net assets of -$238k. It reported 5 employees.