GIFT INC
HOBBS,
New Mexico,
88240
EIN: 86-2569961
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
To preserve the dignity and humanity of a person when they need help the most.
THEGIFTGIVES.COMDEMOGRAPHIC
ADDRESS
500 E TAOS ST
88240
COUNTY
lea county, NM
ORGANIZATIONAL OVERVIEW & RANKINGS
GIFT INC is a based in HOBBS, NM, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising and/or Fund Distribution. Established in November 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,035,392 among 2,656,690 nonprofits nationally (Top 39%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 4,815 out of 15,845 organizations in NM (Top 31%).
In lea county, NM, the organization ranks 183 out of 385 nonprofits by assets (Top 46%), while locally in hobbs, it stands at 103 among 262 organizations (Top 35%).
The organization reported no revenue in the most recent filing period, placing it at 1,330,884 nationally and 5,584 in NM.
Within its specific NTEE classification (T12 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 7,906 similar organizations, GIFT INC ranks 3,149 in assets (Top 40%) and 2,099 in revenue (Top 27%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at THEGIFTGIVES.COM.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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