United Way of Northern New Mexico Serving Los Alamos & Rio Arriba

Analysis

United Way of Northern New Mexico Serving Los Alamos & Rio Arriba is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in December 1971, 55 years ago. 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, United Way of Northern New Mexico Serving Los Alamos & Rio Arriba reported income of $925k and spending of $716k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $783k to $925k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of Northern New Mexico Serving Los Alamos & Rio Arriba sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NM. Charities of a similar size with the same main cause include Deaconess-Zane Center ($925k), Connecticut Association for the Education of Young Children ($925k) and Kennebunk Free Library Association ($925k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $69k (9.6% of expenses). Other salaries and wages came to $26k. At year end it held assets of $792k against liabilities of $12k, net assets of $780k. It reported 7 employees.