New Mexico Community Health Worker Association

Analysis

New Mexico Community Health Worker Association is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, New Mexico Community Health Worker Association reported income of $632k and spending of $495k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $220k to $632k (+187%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Mexico Community Health Worker Association sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NM. Charities of a similar size with the same main cause include Dress for Success Southern Nevada ($632k), The Development Corporation of Knox County Tennessee ($633k) and Workforce Training Associates ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (15% of expenses). Other salaries and wages came to $213k. At year end it held assets of $234k against liabilities of $9,988, net assets of $224k.