Rio Grande Agricultural Land TR

Analysis

Rio Grande Agricultural Land TR is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rio Grande Agricultural Land TR reported income of $373k and spending of $323k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $373k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rio Grande Agricultural Land TR sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NM. Charities of a similar size with the same main cause include Nehemiah Community Empowerment Center Inc ($373k), Pawnee Seed Preservation Society Inc ($373k) and Shepherd Youth Ranch Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 73% of the total. Other salaries and wages came to $191k. At year end it held assets of $852k against liabilities of $27k, net assets of $825k. It reported 3 employees.