Child & Family Services Inc of Lea County

Analysis

Child & Family Services Inc of Lea County is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in April 1992, 34 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 July 2023, Child & Family Services Inc of Lea County reported income of $4.6m and spending of $5.0m, spending 108% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.0m to $4.6m (+17%), an average of +4.0% a year. The sharpest change came in the year to July 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Child & Family Services Inc of Lea County sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include Central California Nikkei Foundation ($4.6m), Relief Resources Inc ($4.6m) and Indiana Crop Improvement Assn Inc ($4.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $174k (3.5% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $1.8m against liabilities of $237k, net assets of $1.6m. It reported 127 employees.