Youthexpress New Mexico

Analysis

Youthexpress New Mexico is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Youthexpress New Mexico reported income of $78k and spending of $76k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $78k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Youthexpress New Mexico sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within NM. Charities of a similar size with the same main cause include Lunenburg Gilman and East Concord Senior Citizens Inc ($78k), Teenagers Plus ($78k) and Society of St Vincent de Paul Council of Pensacola-Tallahassee ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,102 against liabilities of $8,691, net assets of $411.