Palmer Drug Abuse Program of Lea County

Analysis

Palmer Drug Abuse Program of Lea County is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Palmer Drug Abuse Program of Lea County reported income of $552k and spending of $313k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $552k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Palmer Drug Abuse Program of Lea County sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within NM. Charities of a similar size with the same main cause include Bumblebee Foundation Inc ($552k), The Facial Pain Association Inc ($552k) and Wellness Sleep & Circadian Network Inc ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $108k (35% of expenses). Other salaries and wages came to $123k. At year end it held assets of $430k against liabilities of $0, net assets of $430k. It reported 4 employees.