Animal Protection of New Mexico Inc Apnm Foundation

Analysis

Animal Protection of New Mexico Inc Apnm Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Animal Protection of New Mexico Inc Apnm Foundation reported income of $164k and spending of $276k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $633k to $164k (-74%), an average of -29% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 114% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Animal Protection of New Mexico Inc Apnm Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NM. Charities of a similar size with the same main cause include Equine Rescue Inc ($164k), Hearing Dog Program ($164k) and Quad City Paws ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% of the total. It paid $78k in professional fundraising fees. At year end it held assets of $4.6m against liabilities of $27k, net assets of $4.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.