One Hundred Club of New Mexico

Analysis

One Hundred Club of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 1969, 57 years ago. 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, One Hundred Club of New Mexico reported income of $79k and spending of $33k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $79k (-1.8%), an average of -1.8% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, One Hundred Club of New Mexico sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 26th percentile within NM. Charities of a similar size with the same main cause include The Pittsburgh Camerata ($79k), LA Foundation Louisiane ($79k) and Wichita Rowing Association ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $353k against liabilities of $0, net assets of $353k.