New Mexico Genealogical Society

Analysis

New Mexico Genealogical Society is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 1972, 54 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, New Mexico Genealogical Society reported income of $62k and spending of $72k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $62k (+12%), an average of +12% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Mexico Genealogical Society sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within NM. Charities of a similar size with the same main cause include Endowment Growth Fund of Maumee Valley Country Day School ($62k), Eagle Pass Youth Sports Center Complex ($62k) and Thedacare Regional Medical Center- Appleton Volunteers ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.3% and program service revenue 20% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.