Supporting People In Need
EIN: 352586970 · Silver City, NM · NTEE: W99
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Net Assets | $215K |
Is Supporting People In Need Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Supporting People In Need
Supporting People In Need (EIN: 352586970) is a nonprofit organization based in Silver City, NM, classified under NTEE code W99. The organization reported total revenue of $1.3M and total assets of $308K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Supporting People In Need's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Supporting People In Need is a mid-size nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 78.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$230K |
| Total Assets | $308K |
| Total Liabilities | $93K |
| Net Assets | $215K |
| Operating Margin | 18.4% |
| Debt-to-Asset Ratio | 30.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Supporting People In Need reported a surplus of $230K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 30.2% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Supporting People In Need's revenue has grown at a compound annual growth rate (CAGR) of 78.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.4% | -8.7% | +240.0% |
| 2022 | +45.0% | +47.7% | +204.0% |
| 2021 | +101.1% | +112.6% | -20.5% |
| 2020 | +201.2% | +188.0% | +91.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Supporting People In Need has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Supporting People In Need with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $230K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.2%.
Frequently Asked Questions about Supporting People In Need
Is Supporting People In Need a legitimate charity?
Supporting People In Need (EIN: 352586970) is a registered tax-exempt nonprofit based in New Mexico. It has 5 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: A.
How does Supporting People In Need spend its money?
Supporting People In Need reported $1.3M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Supporting People In Need tax-deductible?
Supporting People In Need is registered as a tax-exempt nonprofit (EIN: 352586970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Supporting People In Need located?
Supporting People In Need is headquartered in Silver City, New Mexico and files with the IRS under EIN 352586970. It is classified under NTEE code W99.
How many years of IRS 990 filings does Supporting People In Need have?
Supporting People In Need has 5 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Supporting People In Need showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Supporting People In Need's revenue has grown by 913.5%, moving from $123K to $1.3M. Total assets increased by 1477.7% over the same period, from $20K to $308K. Total functional expenses rose by 725.4%, from $124K to $1.0M. In its most recent filing year (2023), Supporting People In Need reported a surplus of $230K, with revenue exceeding expenses. The organization holds $93K in liabilities against $308K in assets (debt-to-asset ratio: 30.2%), resulting in net assets of $215K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.0M | $308K | $93K | — | — |
| 2022 | $1.1M | $1.1M | $91K | $106K | — | — |
| 2021 | $748K | $757K | $30K | $5K | — | View 990 |
| 2020 | $372K | $356K | $37K | $3K | — | View 990 |
| 2019 | $123K | $124K | $20K | $213 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.0M, and assets of $308K (revenue +15.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $91K (revenue +45.0% year-over-year).
- 2021: Revenue of $748K, expenses of $757K, and assets of $30K (revenue +101.1% year-over-year).
- 2020: Revenue of $372K, expenses of $356K, and assets of $37K (revenue +201.2% year-over-year).
- 2019: Revenue of $123K, expenses of $124K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Supporting People In Need:
Data Sources and Methodology
This transparency report for Supporting People In Need 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.