El Refugio Inc

Analysis

El Refugio Inc is a registered charity in United States, based in Silver City, NM. It received its IRS tax-exemption ruling in January 1984, 42 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, El Refugio Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $944k to $1.2m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Refugio Inc 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 81st percentile, and in the 82nd percentile within NM. Charities of a similar size with the same main cause include Power Packs Project ($1.2m), Teeter Totter Village ($1.2m) and Carerite T F C Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $701k. At year end it held assets of $1.8m against liabilities of $102k, net assets of $1.7m. It reported 18 employees.