SSTPS Inc

Analysis

SSTPS Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, SSTPS Inc reported income of $1.4m and spending of $1.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, SSTPS Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NM. Charities of a similar size with the same main cause include River City Community Development Center ($1.4m), Lifeway Mission International ($1.4m) and Megs House ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $109k (7.3% of expenses). Other salaries and wages came to $917k. At year end it held assets of $684k against liabilities of $476k, net assets of $208k. It reported 40 employees.