New Mexico Caregivers Coalition

Analysis

New Mexico Caregivers Coalition is a registered charity in United States, based in Bernalillo, NM. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 Caregivers Coalition reported income of $495k and spending of $385k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $453k to $495k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, New Mexico Caregivers Coalition sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NM. Charities of a similar size with the same main cause include Southwest Laborers Training and Apprenticeship Fund ($495k), Team Woofgang & Co Inc ($495k) and Seaside Heights Business Improvement District Inc ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $103k (27% of expenses). Other salaries and wages came to $77k. At year end it held assets of $926k against liabilities of $5,214, net assets of $921k. It reported 3 employees.