New Mexico Council on Problem Gambling

Analysis

New Mexico Council on Problem Gambling is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, New Mexico Council on Problem Gambling reported income of $923k and spending of $821k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $874k to $923k (+5.6%), an average of +1.4% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Mexico Council on Problem Gambling sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NM. Charities of a similar size with the same main cause include Kingdom Life Recovery Inc ($923k), Fairview Home Inc ($924k) and Msacl ($923k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $186k (23% of expenses). Other salaries and wages came to $241k. At year end it held assets of $409k against liabilities of $77k, net assets of $332k. It reported 13 employees.