National Alliance for Medicaid in Education Inc

Analysis

National Alliance for Medicaid in Education Inc is a registered charity in United States, based in Portales, NM. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Alliance for Medicaid in Education Inc reported income of $399k and spending of $308k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $399k (+87%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Alliance for Medicaid in Education Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within NM. Charities of a similar size with the same main cause include Sardis Lake Christian Camp ($399k), Parkview Center Inc ($399k) and Project Self-Sufficiency ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $42k (14% of expenses). At year end it held assets of $436k against liabilities of $0, net assets of $436k. It reported 1 employees.