Catholic Charities Of Southern New Mexico Inc
Catholic Charities Of Southern New Mexico Inc maintains stable assets and no reported officer compensation despite fluctuating revenues.
EIN: 201144913 · Las Cruces, NM · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $970K |
| Total Expenses | $772K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $966K |
| Transparency Score | 85/100 |
Is Catholic Charities Of Southern New Mexico Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Catholic Charities Of Southern New Mexico Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Catholic Charities Of Southern New Mexico Inc
Catholic Charities Of Southern New Mexico Inc (EIN: 201144913) is a nonprofit organization based in Las Cruces, NM, classified under NTEE code P20. The organization reported total revenue of $970K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Catholic Charities Of Southern New Mexico Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Catholic Charities Of Southern New Mexico Inc is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $733K |
| Total Expenses | $772K |
| Surplus / Deficit | $-39,456 |
| Total Assets | $1.0M |
| Total Liabilities | $43K |
| Net Assets | $966K |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 15.7 months |
Financial Health Grade: B
In 2023, Catholic Charities Of Southern New Mexico Inc reported a deficit of $39K with expenses exceeding revenue, holds 15.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Catholic Charities Of Southern New Mexico Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.6% | -6.5% | -3.6% |
| 2022 | +20.6% | -5.6% | +41.6% |
| 2021 | +65.1% | +27.7% | +58.5% |
| 2020 | -13.4% | +24.8% | +8.8% |
| 2019 | +58.1% | +26.4% | +81.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1946 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Catholic Charities Of Southern New Mexico Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Catholic Charities Of Southern New Mexico Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly unusual for an organization of this size with nearly $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Catholic Charities Of Southern New Mexico Inc's IRS 990 filings:
- Significant revenue decline in the latest fiscal year (2023) compared to the previous year (2022)
- Expenses exceeded revenue in the latest fiscal year (2023)
- Consistent 0% officer compensation, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or through related entities.
Strengths
The following positive indicators were identified for Catholic Charities Of Southern New Mexico Inc:
- Consistent growth in assets, from $51,507 in 2014 to over $1 million in 2023, indicating financial stability.
- No reported officer compensation across all filings, suggesting a high proportion of funds may go directly to programs.
- Long history of IRS 990 filings (13 periods), demonstrating transparency and compliance.
- Generally stable financial position with assets consistently exceeding liabilities.
Frequently Asked Questions about Catholic Charities Of Southern New Mexico Inc
Is Catholic Charities Of Southern New Mexico Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Catholic Charities Of Southern New Mexico Inc (EIN: 201144913) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Catholic Charities Of Southern New Mexico Inc spend its money?
Catholic Charities Of Southern New Mexico Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Catholic Charities Of Southern New Mexico Inc tax-deductible?
Catholic Charities Of Southern New Mexico Inc is registered as a tax-exempt nonprofit (EIN: 201144913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Catholic Charities Of Southern New Mexico Inc CEO make?
Catholic Charities Of Southern New Mexico Inc's highest-compensated officer earns $1 annually. The organization reported $970K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Catholic Charities Of Southern New Mexico Inc's spending goes to programs?
Catholic Charities Of Southern New Mexico Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Catholic Charities Of Southern New Mexico Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Catholic Charities Of Southern New Mexico Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Catholic Charities Of Southern New Mexico Inc located?
Catholic Charities Of Southern New Mexico Inc is headquartered in Las Cruces, New Mexico and files with the IRS under EIN 201144913. It is classified under NTEE code P20.
How many years of IRS 990 filings does Catholic Charities Of Southern New Mexico Inc have?
Catholic Charities Of Southern New Mexico Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $970K in total revenue.
Is Catholic Charities Of Southern New Mexico Inc a good charity?
Based on the available data, the organization appears to be a good charity. It has a strong track record of asset growth, consistent IRS 990 filings, and notably, zero reported officer compensation, suggesting a high dedication of funds to its mission. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more definitive answer.
Why is officer compensation reported as 0% for all years?
The consistent reporting of 0% officer compensation across all 13 filings is unusual for an organization with revenues approaching $1 million. This could mean that executives are volunteers, compensated by a related entity, or that compensation is reported under other expense categories, which would require further investigation of the full 990 forms.
What caused the significant revenue drop from $1,277,340 in 2022 to $732,979 in 2023?
The provided data does not specify the reasons for the nearly 43% decrease in revenue between 2022 and 2023. This could be due to a reduction in grants, donations, or specific program funding, and would be a key area for the organization to address or explain.
Filing History
IRS 990 filing history for Catholic Charities Of Southern New Mexico Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Catholic Charities Of Southern New Mexico Inc's revenue has grown by 74.8%, moving from $419K to $733K. Total assets increased by 2140% over the same period, from $45K to $1.0M. Total functional expenses rose by 53.2%, from $504K to $772K. In its most recent filing year (2023), Catholic Charities Of Southern New Mexico Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $43K in liabilities against $1.0M in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $966K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $733K | $772K | $1.0M | $43K | — | — |
| 2022 | $1.3M | $826K | $1.0M | $40K | — | View 990 |
| 2021 | $1.1M | $876K | $739K | $215K | — | View 990 |
| 2020 | $641K | $686K | $466K | $126K | — | View 990 |
| 2019 | $741K | $550K | $428K | $44K | — | View 990 |
| 2018 | $469K | $435K | $236K | $43K | — | — |
| 2017 | $393K | $440K | $217K | $57K | — | View 990 |
| 2016 | $686K | $487K | $289K | $82K | — | View 990 |
| 2015 | $548K | $472K | $139K | $132K | — | View 990 |
| 2014 | $563K | $596K | $52K | $126K | — | View 990 |
| 2013 | $487K | $521K | $39K | $75K | — | View 990 |
| 2012 | $443K | $429K | $89K | $90K | — | View 990 |
| 2011 | $419K | $504K | $45K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $733K, expenses of $772K, and assets of $1.0M (revenue -42.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $826K, and assets of $1.0M (revenue +20.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $876K, and assets of $739K (revenue +65.1% year-over-year).
- 2020: Revenue of $641K, expenses of $686K, and assets of $466K (revenue -13.4% year-over-year).
- 2019: Revenue of $741K, expenses of $550K, and assets of $428K (revenue +58.1% year-over-year).
- 2018: Revenue of $469K, expenses of $435K, and assets of $236K (revenue +19.4% year-over-year).
- 2017: Revenue of $393K, expenses of $440K, and assets of $217K (revenue -42.8% year-over-year).
- 2016: Revenue of $686K, expenses of $487K, and assets of $289K (revenue +25.2% year-over-year).
- 2015: Revenue of $548K, expenses of $472K, and assets of $139K (revenue -2.6% year-over-year).
- 2014: Revenue of $563K, expenses of $596K, and assets of $52K (revenue +15.4% year-over-year).
- 2013: Revenue of $487K, expenses of $521K, and assets of $39K (revenue +9.9% year-over-year).
- 2012: Revenue of $443K, expenses of $429K, and assets of $89K (revenue +5.7% year-over-year).
- 2011: Revenue of $419K, expenses of $504K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Catholic Charities Of Southern New Mexico Inc:
Data Sources and Methodology
This transparency report for Catholic Charities Of Southern New Mexico Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.