Think New Mexico

Analysis

Think New Mexico is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 1998, 28 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, Think New Mexico reported income of $1.6m and spending of $834k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $754k to $1.6m (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Think New Mexico sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within NM. Charities of a similar size with the same main cause include YWCA of Greater Green Bay Inc ($1.6m), Dupage Federation on Human Services Reform ($1.6m) and McCormick County Senior Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $195k (23% of expenses). Other salaries and wages came to $322k. At year end it held assets of $6.6m against liabilities of $1.8m, net assets of $4.8m. It reported 10 employees.