Eastern New Mexico University Roswell Foundation

Analysis

Eastern New Mexico University Roswell Foundation is a registered charity in United States, based in Roswell, NM. It received its IRS tax-exemption ruling in May 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Eastern New Mexico University Roswell Foundation reported income of $4.0m and spending of $260k, leaving 93% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $768k to $4.0m (+418%), an average of +73% a year. The sharpest change came in the year to June 2023, when income rose by 217%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern New Mexico University Roswell Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NM. Charities of a similar size with the same main cause include Truckers Against Trafficking ($4.0m), Maria Montessori Acaddemy ($4.0m) and Wilton Library Association Incorporated ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% of the total. At year end it held assets of $18.9m against liabilities of $0, net assets of $18.9m.