Rio Rancho Creative Crossroads

Analysis

Rio Rancho Creative Crossroads is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in June 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 June 2024, Rio Rancho Creative Crossroads reported income of $100k and spending of $89k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $100k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rio Rancho Creative Crossroads sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within NM. Charities of a similar size with the same main cause include TMSDC Education Foundation ($100k), North Bay Letterpress Arts ($100k) and West Virginia Youth Symphony Inc ($100k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 37% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.