Atletico New Mexico Futbol Club

Analysis

Atletico New Mexico Futbol Club is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Atletico New Mexico Futbol Club reported income of $78k and spending of $15k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $78k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atletico New Mexico Futbol Club sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within NM. Charities of a similar size with the same main cause include Northeast Side-Sherman Youth Basketball Association Inc ($78k), Alexandria Police Boys Camp Inc ($78k) and Paulding County High School Dugout Club Inc ($78k).

At year end it held assets of $107k against liabilities of $0, net assets of $107k.