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New Mexico Cancer Care Alliance

RegisteredEIN 02-0624051Albuquerque, NMHealth and saving lives
Income$1.4m2023-06
Spending$1.6msame year
Spent / received111%5-year average
Size in its cause68th pctHealth and saving lives
Exempt since2003Publicly supported organisat
Employees1latest return

Analysis

New Mexico Cancer Care Alliance is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, New Mexico Cancer Care Alliance reported income of $1.4m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.9m to $1.4m (-51%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Mexico Cancer Care Alliance sits at the 68th percentile: it is larger than about 68% 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 Managed Emergency Surge for Healthcare Inc ($1.4m), Medical Foundation of Nashville ($1.4m) and Parents of Addicted Loved Ones ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.2m against liabilities of $810k, net assets of $369k. It reported 1 employees.

Income and spending

$0$771k$1.5m$2.3m$3.1m2019 Income: $2,946,7502019 Spending: $3,085,77620192020 Income: $2,197,0122020 Spending: $2,665,37220202021 Income: $1,559,7322021 Spending: $1,535,36020212022 Income: $1,476,9632022 Spending: $1,831,03920222023 Income: $1,431,8852023 Spending: $1,572,6482023
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Program services 14%
  • Other 1.1%

Similar-sized charities, same cause

CharityLocationIncome
Managed Emergency Surge for Healthcare IncIndianapolis$1.4m
Medical Foundation of NashvilleNashville$1.4m
Parents of Addicted Loved OnesPhoenix$1.4m
Main LinkTowanda$1.4m