Mesilla Valley Community of Hope Incorporated

Analysis

Mesilla Valley Community of Hope Incorporated is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in January 1994, 32 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, Mesilla Valley Community of Hope Incorporated reported income of $4.1m and spending of $4.2m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $4.1m (+51%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mesilla Valley Community of Hope Incorporated sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NM. Charities of a similar size with the same main cause include Metropolitan Children and Youth Inc ($4.1m), Free to Be Programs ($4.1m) and Center for Hope and Safety Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $93k (2.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.4m against liabilities of $1.0m, net assets of $4.4m. It reported 47 employees.