Public Health Acupuncture of NM

Analysis

Public Health Acupuncture of NM is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in August 2009, 17 years ago. 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, Public Health Acupuncture of NM reported income of $127k and spending of $177k, spending 140% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $139k to $127k (-8.7%), an average of -8.7% a year. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Health Acupuncture of NM sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within NM. Charities of a similar size with the same main cause include Terry Veazey Ministries Inc ($127k), Cloud County Commission on Aging Inc ($127k) and Association of Leadership Educators Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 61% of the total. At year end it held assets of $98k against liabilities of $43k, net assets of $55k.