New Mexico Association of Student Councils

Analysis

New Mexico Association of Student Councils is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 2020, 6 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 July 2023, New Mexico Association of Student Councils reported income of $343k and spending of $297k, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $216k to $343k (+59%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 281%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Mexico Association of Student Councils 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 64th percentile, and in the 62nd percentile within NM. Charities of a similar size with the same main cause include Gondolier Booster Club ($343k), Help Start Education Foundation ($343k) and South Orange-Maplewood Adult School Columbia High School ($343k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $4,500 (1.5% of expenses). At year end it held assets of $87k against liabilities of $0, net assets of $87k.