New Mexico in Depth Inc

Analysis

New Mexico in Depth Inc is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, New Mexico in Depth Inc reported income of $482k and spending of $406k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $482k (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Mexico in Depth Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within NM. Charities of a similar size with the same main cause include Native Peoples Action Community Fund ($482k), Adderley School ($482k) and Compass Resonance ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $209k (51% of expenses). At year end it held assets of $625k against liabilities of $6,048, net assets of $619k. It reported 3 employees.