New Mexico Land Conservancy

Analysis

New Mexico Land Conservancy is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 Land Conservancy reported income of $1.6m and spending of $2.0m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2020, when income rose by 353%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Mexico Land Conservancy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NM. Charities of a similar size with the same main cause include Elmhurst the House of Friendship Inc ($1.6m), Corporation for Social and Educational Development ($1.6m) and Northeast Contemporary Services Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $158k (8.1% of expenses). Other salaries and wages came to $424k. At year end it held assets of $3.8m against liabilities of $22k, net assets of $3.8m. It reported 10 employees.