Cancer Foundation for New Mexico

Analysis

Cancer Foundation for New Mexico is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2024, Cancer Foundation for New Mexico reported income of $1.9m and spending of $1.6m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $1.9m (+43%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cancer Foundation for New Mexico sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NM. Charities of a similar size with the same main cause include Patientrightsadvocate Org Inc ($1.9m), Lourdes Hospital Foundation Inc ($1.9m) and Tichenor Support Foundation ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $155k (9.4% of expenses). Other salaries and wages came to $422k. At year end it held assets of $6.5m against liabilities of $185k, net assets of $6.3m. It reported 9 employees.