T2 Ministry of New Mexico Inc

Analysis

T2 Ministry of New Mexico Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, T2 Ministry of New Mexico Inc reported income of $93k and spending of $78k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $93k (+9.8%), an average of +9.8% a year. Over the whole period it spent 83% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, T2 Ministry of New Mexico Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within NM. Charities of a similar size with the same main cause include Krush Fast Pitch Inc ($93k), Camp Good Mourning Inc ($93k) and Start Program Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. At year end it held assets of $139k against liabilities of $14k, net assets of $124k.