Transgender Resource Center of New Mexico

Analysis

Transgender Resource Center of New Mexico is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 2011, 15 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, Transgender Resource Center of New Mexico reported income of $1.6m and spending of $1.1m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.6m (-7.2%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transgender Resource Center of 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 El Sol Jupiters Neighborhood Resource Center Inc ($1.6m), Shores of Hope ($1.6m) and Youth in View Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $84k (7.7% of expenses). Other salaries and wages came to $386k. At year end it held assets of $2.9m against liabilities of $155k, net assets of $2.7m. It reported 22 employees.