Kids Chance of New Mexico

Analysis

Kids Chance of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kids Chance of New Mexico reported income of $136k and spending of $96k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $195k to $136k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids Chance of New Mexico sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within NM. Charities of a similar size with the same main cause include Capshaw Elementary Parent Teacher Organization ($136k), Alaska Arts Education Consortium Inc ($136k) and Friends of Molokai High & Middle Schools Foundation ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $639k against liabilities of $0, net assets of $639k.